Spain continues to be in order of the day, since the ECB will only start to run its OMT program after an aid request. PM Rajoy's sovereign seems to be the most probable candidate. Meanwhile in Japan, BoJ's Deputy Governor Yamaguchi said today: "We've judged that the economy was undershooting our expectations. If so, there was no reason to delay taking policy action”. The Central Bank added Y10 trillion to a total of Y55 trillion in its asset purchase program to control the exchange rate.
Mataf.net analysts point to resistance at 78.15, 78.45 and 78.85. On the downside, support might be found at 78.00, 77.70 and 77.35.