FX & CFD trading involves significant risk
EUR/JPY collapses as dollar yen fails to make any impression of offers above Y84.00. The cross has fallen back through the 100 dma at Y111.54 and breaks earlier support Y111.45/50 to a low of Y111.23. Support is seen towards Y111.10/20 and then Y110.75/85 with break-out stops below. Euro-yen trades Y111.24.