The Buying of USDJPY and EURJPY has continued into the afternoon, with EURJPY trading just above 131.30. Sellers in the 131.30-50 area are still noted, with stops above. Intraday longs will take some profit here, then look for the next push higher into Europe.
EUR has been very quiet in a 30 pip range even with the EURJPY buying seen today. Market cautious of taking it higher in Asia because of sellers lined up above 1.5120.
