bearish trend seems to be taking place on the usdjpy pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A sell signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bearish trend, now current price at 112.70 and strong resistent at level 112.90 in hourly time frame. there is possible chance price will move to up side. then next low price is 112.20
I suggest to entry SELL with stoploss at 113.05 and take profit at 112.20
I hope you can earn consistent profit from my signal, good luck