3 Pairs to Watch

Most of this is based on the yen so if you can't pull up FX pairs in real time or don't care to, you can always watch FXY vs the SPY, as long as FXY is falling, the currency is supporting the market, as long as these 3 pairs are rising, they are supporting the market.

 The EUR/USD, less because of the correlation and more because of the stops that would have been run at <$1.30 and how the $USD reacts which has so far been losing ground.

 EUR/JPY- typically there's no one Carry Trade, but the spread the risk out in a basket, the Yen figures prominently in that basket.

The AUD/JPY.

Just another early warning system you can put in your tool box for now.