USD/JPY at risk of a break below 151 from now on?

On Friday February 7 the USD/JPY fell below the 151 handle. The low seen was set at 150.93. Since then it recovered close to the 155 handle, rising just above 154.75 last Wednesday. However, since then the price action has seen it fall back consistently since that CPI led rise close to 155 was reversed. The Dollar could not hold much traction at all by the close of play on Friday. The USD/JPY ended the week at 152.31 after falling very close to the 152 handle around the time of the 4pm London Fix. The dollar has not done so well today though and taken out that 152 handle in earlier Asian trading. That fall extended to 151.48. There is no US bond trading today to guide the price action. The Nikkei 225 was rather lacklustre too and that did not help either. That said, the dollar is trying to rebound now, but the risk of a break below 151 does not seem to disappeared yet. Looking at the chart, it seems only a push back above 152.50 from here on might help to steady the ship. The USD/JPY is right now at 151.89