S&P trades at lows too
The USDJPY is trading at fresh session lows at 103.16 currently. Stocks at the same time are hitting new lows as well. The S&P is down 30 points or -1.39%. The Nasdaq is down 90 points or -1.70%.
Looking at the hourly chart, the pair has moved back below the 100 day MA today (see D1 MA 100... in the chart below at 103.476). The price has also moved below trend line support at 103.35 (that is risk now for shorts). The next major target comes in at the 102.70-83 level where the swing lows and the 200 hour MA (see H1 MA:200 is found)
