Some stops have been triggered in EURUSD below 1.4150 on the back of EURJPY sliding lower towards 133.60. No real demand was seen for any of the Yen crosses going into the Tokyo Fix.
Next level of support in EURUSD is seen at 1.4100 with stops below. EURJPY should continue to be pressured, especially if the Nikkei continues to be sold off, currently down 2.3%. The 50% retracement level from 127 to 138.70, comes in at 132.85. My target on this pullback is somewhere between 132.85 and 133.10(100 day MA).
