The USD/JPY broke below the critical support zone. It also broke below the bottom (dotted blue) of the downtrend channel. Both are confirming the bearish ABC zigzag pattern development.
The USD/JPY could complete the wave C (pink) at the Fibonacci retracement levels, which in turn could completed the wave B (red).
The USD/JPY is behaving very choppily at the moment, which makes the wave patterns hard to distinguish. Eventually price is expected to complete a wave 5 (orange) of wave C (pink).