Asia saw the 92.00 barrier flushed and buy stops triggered through 92.15 to fresh highs of 92.27. Offers lie ahead from 92.30/50 with buy stops through 92.60/70 ahead of tech res 92.89 (Jun 4 2010 high) with more offers towards a barrier at 93.00.
The move also took out barriers in EUR/JPY through 125.00 and 125.50 to highs of 125.75. Offers lie ahead of 126.00 with likely buy stops just above ahead of tech res at the Apr 26 2010 highs of 126.30. Solid support now building in the 125.00/20 zone
USD trades around 92.15 with the cross around 125.55
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