50%, 200 day MA, 200 hour MA all at 110.40
The USDJPY is moving lower on the back of lower stocks and in the process has moved below key support the 110.40. The 50% midpoint of the move down from the June 1 high, The 200 day MA and the 200 hour MA are all at the 110.40 level That is a key technical level and moving below that level is a key break.
The Nasdaq was down about 100 points at the lows, reaching 6218.438. The high was 6341.69. We currently trade at 6232.94 down -1.40%.