Is your whole exhaust hanging low or is it just the rear section? I can't really tell from the pic.
You can adjust the rear section by loosening the clamp by the muffler and rotating the rear section up to bring the tip closer to the body....but if your whole exhaust system is hanging low it will make your tip look like its pointing up...if you know what I mean.
I had to tweak on mine a bit to get it where I wanted. Loosen the hangers on the over- axle pipe, and adjust it to your liking, then re-tighten. It is easy