What a difference a day makes. Yesterday I was talking about sell orders ahead of 135.00, today it’s buy orders ahead of 133.00.
EUR/JPY is trading marginally lower on the day, down at 133.30 from an early 133.50. Sources now note buy orders lined up at 133.00/20, with sell stops said to be gathering below 133.00.
Risk sentiment is looking a little fragile today, but nothing overly major.