100 hour MA and 109.18. Trend lines 109.215 area.
The US equities are trading at session lows and the USDJPY is wandering lower with the dip.
The pair is below its 100 hour MA again at 109.18. There are a couple trend lines which were also rebroken around the 109.215 level on the hourly chart above.
The 100 day MA remains a key level on the downside should the momentum continue. That comes in at 108.837. Last week, the MA was finally broken and stayed broken on Wednesday. On Friday, the level was sniffed but not broken.
The bias turns around below the hourly technical levels. For traders looking for a rotation lower now that the rally today stalled ahead of last week's highs, Those technical levels are now close risk.