Trades below swing low area
The USDJPY is moving to new session lows for the day and the lowest level since September 12th, 2017.
In the process it is moving below the low swing area on the daily chart at 108.60-82. That area stalled the fall earlier in the day. The low reached 108.52 so far.
The price is also falling below the lower trend line on the hourly chart ALSO at 108.60. Stay below is another bearish development.
