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Forex technical analysis: EURJPY cracking lower after break higher disappoints

Back below 100 hour MA

It is one of those day's where it was more about ups and downs - even when the price broke a key cluster of resistance.


The EURJPY moved above the 100 hour MA, the 200 hour MA, the 100 bar MA on the 4-hour chart, a trend line and 38.2% retracement.   Go higher right?  A little, but then the rally fizzled. The price fell back lower and back below all that was broken on the way higher.  

It is just one of those days.

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