USDJPY tests 200 hour MA (again). Stocks taking it on the chin (again).

Nearly completes the up and down lap in the pair.

The USDJPY is down testing its 200 hour MA for the 2nd time today. IN the Asian session, the price fell to the level and bounced to the 38.2% retracement. The weaker housing data helped to kick the price lower. Now tumbling stocks are helping. The Nasdaq is down -2.56%. The S&P is down -1.57%. The Dow is down -1.0%.