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The risk off theme has seen JPY crosses.........>

YEN
YEN: The risk off theme has seen JPY crosses sharply retrace European morning
gains and remain on the defensive. EURJPY failed to hold Y126.00 with the
corrective pullback extending to Y125.67 to keep the downside in check. Hourly
support is located through Y125.45-60, opening the Aug15 low at Y124.91. EURGBP
looks set to breach the Y140.00 level for only the second time since Aug 2017.
The YTD low provides initial support at Y139.90, below here opens Y139.31 (Aug
24 2017 low). AUDJPY touched Y80.16, expect minor support ahead of Y80.00, the
ytd low at Y79.70 is placed just behind. NZDJPY failed ahead of channel base
support now resistance, with the reversal extending to Y72.84. CADJPY flirts
with the 84.00 level with support at Y83.63 from the Aug13 low. 

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