EURJPY cracks the 200 hour MA and 100 bar MA on 4-hour

Stops triggered

The EURJPY held support against the 200 hour MA and the 100 bar moving average on the 4-hour chart - and bounced. The 2nd look, just cracked below those MA levels and this time stops were triggered.

The pair is quickly down toward the next target at the 61.8% retracement at 132.339.