EURUSD tumbles to 100 hour MA

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).