The recent run up in EUR/USD helped flush the 123.50 barrier, but another lies ahead at 124.00, with more buy stops just above. Further barriers lie above at 124.50 and 125.00, but don’t look threatened whilst the 91.50 USD/JPY barrier remains in force.

Cross trades just off day’s highs of 123.82 with the USD down around 91.30 after a recent high of 91.41