USDJPY enjoyed the post-FOMC ride higher but now in retreat 19 May 2016
Strong offers at 110.50 have combined with a bit of risk-off appetite in the wake of the MS804 plane disappearance to send USDJPY back down through 110.00 to post 109.90.
Bids into 109.85 with more at 109.70 and strong demand into 109.50 should hold this retreat but with a bit of USD demand in other pairs it's only natural that a bit of money should come off the table.
EURJPY capped at 123.80 where offers were lining up and more behind that into 124.00. Bids/support expected down here at 123.00 and more into 123.00
