Hint of risk aversion in the air as JPY crosses drift lower
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The fall on Wall Street followed by the fall on most regional bourses has eccouraged some light cross selling with EUR/JPY down nearly 40 pips in the last hour. Momentum has been sorely lacking from the JPY crosses in recent times but perhaps today's the day. Support in EUR/JPY close by at 134.10 and there may be stops just below there I'm guessing.
