- Lower US yields on risk aversion
- month-end JPY demand
- Geopolitical concerns as China appears to be less supportive of N Korea than thought (macro-plus but short-term is destabilizing)
- EUR/JPY being liquidated in wholesale fashion prompting other JPY crosses to be sold
83.70 is resistance on bounces near-term.
81.38 is 61.8% of the 82.75/84.40 rally and is providing support so far…
