EUR/JPY has drifted to a new session low in light flows as risk aversion rises slightly as yesterday’s US equity rally show signs of tiring today. USD/JPY has fallen to a fresh session low as well, down to 92.70. Small stops were triggered below the 92.80 level.
For Fibo watchers, the 38.2% of the bounce from 91.70 (a triple-bottom) came in at 92.75. 92.56 is the 50% Fibo of the rally to 93.38.
