Three charts on USD JPY for perspective:
2015 highs came in line with long-term resistance
The selling pressure has broken the 100 week moving average, which as you can see historically has been a good indicator. A re-test now looks likely before potentially resuming lower.
Diagonal support line from 2013 has also snapped. A bounce and potential right shoulder building of a rather tainted head and shoulders pattern would fit in line of a re-tst to the 100 week moving average from the second chart above.
