EURJPY drops with the EURUSD.

With the EURUSD fall below cluster support, the EURJPY has also moved to new day lows. The pair is now down on the day (98.01 was the close) and his breached the early August highs at 97.80 area (August 6th and 7th). The next target becomes the 38.2% of the move up from the low on Wednesday at 97.674. Resistance now comes in at the underside of the broken trend line and lows from the Asian session at the 97.87 area. The 97.45 level is the 50% of the last trend leg up and the highs on the 13th and 15th.