EURJPY also gets hit with stock sell-off

High stalled near 100 hour MA. Yesterday low stalled at 100 day MA

The EURJPY is also getting hit on the back of the steep US stock sell off. There is that "flight into the safety of the JPY" trade that rears its head on sharp sell offs.

Having said that, the pair is just getting back to the close from yesterday at 129.78 and trades in between what is resistance above at the 100 hour MA (blue line at 130.43 area) and the 100 day MA below (lower blue overlay line at 129.33 - see chart above).

Drilling to the 5-minute chart, you can see the ups and downs. The price fell below the 100 and 200 bar MAs (at 130.06-08 area), and that is now risk for shorts. Stay below and the sellers are in control (look for sellers to lean on a correction toward those MAs).