The low price has just reached 160.87. Getting below those levels would then target the 100 day moving average at 160.107. The price last traded below the 100 day moving average on May 14. Earlier today, the USDJPY finally broke below both its 200-hour moving average and the upward-sloping trendline near 163.36. Whether the pair can break through that moving average or instead stages a corrective rebound should help determine the next directional move.