More risk off sentiment ahead

Society Generale have announced a sell limit order at 120.00 on the EURJPY pair. They target 116/00 with a stop at 121.50. Trade parameters marked on the chat below:

More risk off sentiment ahead

They rate the JPY favourite of the FX pick in the G10, expecting JPY to rise again. Makes sense, when it only takes a tweet these days to get the markets shifting.