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EUR/JPY has dropped 27 pips and last.......>

EURO-YEN
EURO-YEN: EUR/JPY has dropped 27 pips and last sits at Y127.76, as the yen is
the runner-up among the G10 currencies, outperformed only by NZD. JPY garners
strength from underperforming regional equities, with the Nikkei 225 ~1.8% lower
at writing. 
- Bears target the Dec 4 low at Y127.62 and a break below would give them a
chance to challenge the Nov 13 low at Y127.50. On the topside, bulls need to
jump back onto the Y128.00 handle before attempting a move at yesterday's high
of Y128.59.

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