There has been a good bounce back towards 134.00 going into Tokyo fix. After been under pressure early morning from Asian funds selling, EURJPY has found buyers emerge to drag it back up. There seems to be some demand of yen crosses going into the fix, but a larger part is shorts covering, following the overnight fall in the crosses.

EURUSD sees buyers emerge ahead of 1.4130 helping it bounce with EURJPY. Stops reported under 1.4120 and more under 1.4100, seem to be safe for now. Last night saw another outside candle formation, supporting a move lower. Maybe down thru 1.4100 will get sellers excited.