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Risk Averse Theme Risk-off flows.....>

EURO-YEN TECHS: Risk Averse Theme
Risk-off flows dominated which saw EURJPY comfortably trade back under 123.00.
This brings the May 9 low & channel base into view at 122.49/34. Below here
opens a run at the 61.8% retracement of the 2019 range at 122.07, ahead of the
psychological 122.00 level. Bulls need a close back above 123.00 to stabilise
the outlook, before challenging the 123.60/70 area.

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