The move through 78.00 knocked out some buy stops to 78.08. there are more reportedly up at 78.30 ahead of a bigger hurdle which is the 200 day MA at 78.35. , last broken in April 2011
EUR/JPY’s broken up through the 55 day MA at 101.71 as a result , triggering some stops buys through 101.80 to highs of 101.88. Been told there are more buy stops up through 102.00 and 102.60