One closing bar above the MA line...Back below it.
Be aware.
The EURJPY moved above the 100 hour MA (and 38.2% retracement) and closed an hourly bar above that line. That was bullish. The price has moved back below that MA line at 118.65 and is also moving back below the 38.2% line at 118.574 too. The break higher is failing. 100 hour MA is risk now on the failure for shorts.

US stock prices are still higher and trading near the highs which has been supportive of the JPY pairs, but yields on US debt are near unchanged levels. There may be flows into the relative safety of the US debt on the back of Syria/perhaps even China meeting (i.e.. implications from No. Korea discussions). The JPY pairs have been impacted by rates in the US.
Looking at the ADP report data it was great and supported a move higher in the USDJPY. The price for that pair is still above the key 111.00 level (200 hour MA and natural support), but is testing the 100 hour MA at 111.15 now. ISM data was not as great and that may be leading to some dollar longs getting out of the USDJPY. That may lead to a drift in the other JPY pairs including the EURJPY. The stocks are still higher though so it is tricky.
If you just want to focus on the technicals, the break above the 100 hour MA looks like a fail. Stay below that level is more bearish for the EURJPY. If the USDJPY moves below the 111.00 would be more bearish.
