USDJPY tests lows as stocks continue to slide

Nasdaq down -100 points now

The USDJPY and some of the JPY crosses are pushing to new session lows as the stock market continues it's slide.

The Nasdaq is down -100 points now or 1.56%

The S&P is down 29.19 points or -1.18%

The Dow is down -200 points or -0.91%

The USDJPY is trading at news session lows and looks to test the 61.8% of the move up from the August 11 low at 109.56. ON the daily chart, the 109.51 is an old trend line that was broken last week but taken back this week (see chart below)

The AUDJPY just cracked the 200 and 100 hour MA at 0.8668-717 (see chart below).

The GBPJPY has moved below the low from Friday at 141.245. Yesterday, the pair fell below the 200 day MA and the 100 hour MA at 142.16 area after testing the 100 day MA on Tuesday and Wednesday.