Greetings Forexia Family lets break down the analysis on USDJPY. if you go the 4hr time frame you will see that the pair has overall downtrend.
Also i believe the pair has trapped buyers with micro trend that formed off the previous friday’s low and during Sunday/Monday. Thus i believe pair has more potentials to go down.
Please use this analysis as a guide tool for your trading.
ALWAYS USE PROPER MONEY MANAGEMENT.