Moves back toward the day lows.

The USDJPY corrected up toward the 100 bar MA on the 5-minute chart, got with a few pips of that intraday technical level, and sold back off.

The low for the day reached 111.264 earlier in the day. The 50% of the move up from the September high remains a key target at 111.02 (see prior post).

Technically, the selling against the intraday MA level, keeps the sellers in control. Continue to stay below that MA (it is currently at 111.607 and moving lower), will keep the sellers in control.