100 hour MA and 100 bar MA on 4-hour broken
With US yields moving lower, and US stocks now back in the red, the USDJPY is getting hit.
The pair just cracked below the 100 hour MA and the 100 bar MA on the 4-hour chart at 108.037 and 108.008. The fall tilts the bias more to the downside with the 38.2% at 107.857 and the 200 hour MA at 107.67 (also near 50% retracement of the move up from June 25).
