Pushing down sharply through 81.00 this morning, with the move intitially triggered by concerns over slowing Chinese growth, but recent sales from model names now adding to the mix and weighing down on USD/JPY and EUR/JPY which have now triggered sell stops through 79.30 and 97.50 respectively.
AUD/JPY’s just posted a session low around 80.67 and is heading for sell stops on a break down of 80.50.
