Looks like the profit-taking ahead of the weekend has begun. EUR/USD has fallen back through 1.3736 and EUR/JPY is taking a breather after another stall ahead of 125.23.
USD/JPY is suffering a set back after ringing the register on the move up through 91.00. There had to be a nice batch of stops built up in recent days above that level…90.70/75 is first support followed by 90.20. Large stops are seen below 90.20.
EUR/USD bids are seen around 1.3705/10, traders say.
