USD/JPY is easing back toward 93.50 after sprinting as high as 93.72. Technical support is light until the 92.80/90 area.

Profit-taking in EUR/JPY has been seen after the cross stalled on the cusp of the gap opened at the Asian open on Monday morning. The cross has eased from 117.67 to 117.07 as EUR/USD continues its lump upon breaking important support at 1.2548. 1.2500 barriers and 1.2422 chart support are now in focus. The ultimate target is 1.2330, dating back to the end of October.