Technical Analysis – EURJPY peaks out of cloud top
Posted on July 13, 2015 at 7:31 am GMTEURJPY is attempting to break out of the top of the Ichimoku cloud and there was a brief peak to 137.78 in early European session trading on Monday on the announcement of a Greek deal at the EU Summit. Prices broke above the kijun-sen line of 137.14. The intra-day bias remains mildly to the upside as indicated by the RSI which has just crossed above the 50 line. A further rise will see a retest of 141.04, the June 4 [..]