Tests cluster of support...
The USDJPY moved away from the 200 bar MA on the 4-hour chart at the 61.8% retracement level at the high.
The pair is testing the cluster of support against the 100 bar MA on the 4-hour, the 50% of the move down from pre-BOJ and the swing lows/highs going back to April 28th (see yellow area). This is interim support ahead of the 100 hour MA below which is at 108.39.
The S&P is now negative on the day and the Nasdaq is down 30 points or -0.64% - trading at the lows for the day.
