80.22 lows in sight

Traders are making a run for the 80.22 lows in place from just before the latest round of QE was launched in early November.

Stops are seen below that level and below 80.00, where barriers are tipped. Stops are seen below 80.00 and especially 79.75, the all-time low from April 1995.

EUR/JPY is testing its 200-day average at 111.59 as we write.