Can the price stay below

The EURJPY fell below the daily trend line at the 133.89 level today. That trend line had 4 points on the line. Technically, stay below the trend line is more bearish.

Looking at another JPY crosss, the GBPJPY has had a wild up and down day. The last move ot the downside did take out the low for the week and traded at the lowest level since January 15, but did stall right at the 100 day MA at 150.81. The low for the day reached 150.81 - right at the MA line.