Three of the four levels I mentioned earlier have now been broekn and a daily close below the 200-day MA would likely issue in a new phase of EUR/JPY selling. This is one event which could be big enough to put a top in the EUR/USD. Apropos, bids still expected at 1.4600-25 and big stops below.
Welcome back Sam, who will take over for the next few hours of mayhem.
