USDJPY: Tumbles Lower, Eyes Further Downside. USDJPY - As referenced in our earlier analysis, our bias remains lower medium term. The pair is now under pressure and as long as it continues to hold below its falling trendline (red), this view remains valid. This leaves the risk of a return to the 77.13/00 levels on the cards. Below here will call for more declines towards the 76.49 level and then the 76.00 level. Its daily RSI is bearish and pointing lower supporting this view. On the upside,
