If there was a barrier at 112.00, there isn’t any more, with a recent high of 112.135 (EBS) assisted by a surge in the EUR/USD.
Next point of reference, which may prove a short/term stumbling block, is the 112.17 which is the 61.8% retracement of the 123.33 -94.12 fall from 11 April 2011 (see orderboard), ahead of 112.69 (8 Aug 2011 high)
EUR/JPY’s trading around 112.08
