Forex technical analysis: USDJPY trades at lowest level since Nov 2016

New 2017 low made
The USDJPY fell below the 108.63 level and that turned the dip buyers to sellers.  The price was pushed lower, taking out the August low at 108.24 and even the April 17 low at 108.12. The price dipped to 108.039. That is the lowest level since November 2016.  We currently trade at