EUR/JPY breaks to lowest since February – orders via ForexLive

The old risk cross — EUR/JPY — fell below the June lows to the worst levels since February as worries about Portugal dominate.

EUR/JPY daily

The near-term level to watch is 137.50. The low so far is 137.51 and there are said to be strong bids there but stops below. More bids at 137.20 and 137.00, also said to be in large size. Stops below the big figure and more below 136.80.

It's the largest one-day loss in the pair since March 13.

posted via ForexLive