USDJPY moves back toward the 50% and 100 hour MA and bounces again

The line in the sand is drawn technically

The USDJPY moved back down to once again test the 100 hour MA and the 50% of the 7-day up and down trading range. For the second time, the levels held. 

In holding the line-in-the-sand at the area is being defined. Stay above is more bullish. Move below is more bearish.

If the level can hold and the price starts moving back higher, another line-in-the-sand is up at the double top at 110.028.  That higher extreme area has an interim hurdle at the 109.53. Get and stay above should give buyers more confidence for another push to the highs.  

If the 100 and 50% is broken, we reenter a lower area that runs down toward the 108-80-88 area.