Tested the 100 hour MA. Back down to the day’s low
As the EURJPY gets hammered, the USDJPY is certainly helping the fall (or is it the other way around). The pair tested the 100 hour MA earlier in the trading day (blue line in the chart) and now looks to complete the day’s lap by reaching (surpassing?) the low for the day at the 100.154 level. The low has reached 100.159. Ok that is close enough. Lap complete.