Aug 3 (Reuters) - ntervention has put USD/JPY on course to eventually retest this year's 152.10 low printed on EBS in January. USD/JPY saw big falls on Thursday and Friday to register a close below the Ichimoku daily cloud, which currently spans the 158.49-160.71 region. That could help with Tokyo's efforts to keep the exchange rate under control. USD/JPY dropped further on Monday, keeping traders on alert for further intervention. Japan and the United States conducted coordinated yen-buying intervention on Friday and will not hesitate to take further action, Japan's finance ministry said on Monday, confirming a rare bilateral action to halt the yen's slide to fresh 40-year lows. That after Japan intervened on Thursday.

The scale of the intervention in recent sessions, threats for more action and sustained trading below the cloud, increase the chances of a durable shift lower in USD/JPY.
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(Martin Miller is a Reuters market analyst. The views expressed are his own)