I am seeing this pair to come to the downside with a strong retrace on the daily candle.
I will be looking for a clear 1hr flag before the sell-off. USDJPY couldn't break the previous highs which means this price action may be the start of a larger channel to break the high before the drop.
I will be looking for a clear 1hr flag before the sell-off. USDJPY couldn't break the previous highs which means this price action may be the start of a larger channel to break the high before the drop.