USDJPY falls further and EURUSD gains as European trading gets underway
4 January 2016, 13:08
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We're seeing more of the same as European desks open. USDJPY has now taken out support between 119.00-05 and EURUSD has made gains above 1.0900 as I suggested earlier. Nikkei futures are down -0.54% at 18280 giving USDJPY a helping hand lower as I also highlighted here . Currently 119.00 after 118.96 , the lowest levels seen since October 2015. EURUSD currently 1.0915 after 1.0920 highs. Expect more sell interest into 1.0925-30. I'll have some order boards with you shortly.
