The USD is sharply to the downside led by the USDJPY on possible intervention. The USDJPY has fallen -2.5% with th price falling below its 100 day moving average for the 1st time since mid-May at 160.059, and testing it 200 day moving average at 157.887. The other major currencies including the EUR, GBP and CHF has also seen USD selling against them (currencies are all higher). In a video above I take a look at the technicals driving each of those currency pairs. Markets are moving.