It remains a light volume day with markets still vulnerable to greater-than-average swings owing to low liquidity. Stocks markets are extremely choppy as well, contributing to the overall nervous nature of the market.
EUR/JPY has seen some selling in the last twenty minutes, taking the cross down to 122.80 after spending time in the 123.60 area. Prices topped out twice in the 123.80/90 region in recent hours. Tiny stops at 122.90 were triggered a few moments ago. A drift toward 121.90 is to be expected if trading the charts.
