EURUSD falling to new lows as well
The EURJPY has moved below the 200 day MA at 135.805 and is seeing more selling momentum. The pair next looks toward the 100 hour moving average at the 135.50 level (blue line in the chart. A break below it, and the 135.198 will be targeted. This is the 38.2% oof the move up from September 4.
The move lower is being accompanied by a fall in the EURUSD. That pair is also trading at day lows and moves closer to its next target at the 1.1280 level (38.2% retracement of the move up from the September 9 low). After that level, the trend line support line comes in at the 1.1271 area.
