100 hour MA is the first key MA target
The EURUSD has tumbled lower and moves toward the 100 hour MA at 1.16274. Just below that is the 50% at 1.16235. The 200 hour MA is at 1.16122.
With the decline, the EURJPY is also getting smacked after testing the key 200 day MA and the 50% retracement (see post here – EURJPY moves lower after 200 day MA/50% test stalls the rally).