Lower on the day
The USDJPY is lower on the day. Lower stocks in Europe and US seem to be leading to a safety bid to the JPY.
Technically, the price just moved back below the 100 hour MA (blue line) at 110.44. The highs for the day did a good job of stalling near a topside trend line. That trend line comes in at 110.504 currently. On the downside, a lower trend line cuts across at 110.316. A move below, will target the 38.2% and the 200 day MA at 110.246 and 110.222 respectively. The 200 hour MA comes in at 110.16. Lots of levels to get to and through on continued weakness.
