EUR/JPY managed to rally just far enough to trigger stops above the 113.00 level (see a pattern here?) , EUR/JPY has slumped back to the 112.60 area. US equities have given back about a third of their early gains, helping undermine the “risk-on” attitude enjoyed earlier in the market.
Here we sit now, in the middle of 1.2175/1.2275, holding with about a cent of recent multi-year lows.
