USDJPY moved up to test the 100/200 day MAs today
The USDJPY extended to a new cycle high up to 136.899. That got to within 24 pips of the near converged 100/200 day MAs (blue and green lines).
The move back to the downside, has now taken the price to a low of 135.726. That is within 7 pips of the rising 100 hour MA at 135.65. The price has bounced and trades at 136.11.
USDJPY falls toward the 100 hour MA
The close yesterday came in at 136.152. A close below that level would be an outside day, lower close. That is considered a bearish bias