Intraday a refer to buy EUR/JPY on dips back to 117.00 and more at 116.50. There is support at 116.50 and Fibonacci retracement support on the recent run up, between 116.35-116.85. The problem here is, as Sean mentioned earlier this morning, we may have already seen the low early this morning. Will this morning’s sell off be a reverse indicator for a run higher?