Just seeing a small bounce off the lows, from the 1.4260 area and up into the 80’s. Nothing really special, but indicates there are bids lurking in the 1.4250 area which may hold EUR up for the morning session. The talk in the market is that there’s buying ahead of a 1.4250 option barrier with stops below. Topside looks limited in Asi,a with sellers 1.4300-20.
Technically the target is 1.4190(the 200 day MA) for this move down.
EURJPY has held above the 200 hour MA after breaking above as we talked about yesterday. Look for that level(129.90), to provide support on a pullback.
