Greetings Forexia Family lets break down the analysis on USDJPY. If you got the 4hr chart you will see the obvious trendline rejections and zone inducements.
As you can see the price has been rejecting those zones so heavily. Despite having overall downtrend. I believe price is likely to make a fake trend push up. Trapping buyers into the market to make heavy sells again but before that selling (as a retail) at this point makes no sense to me as its obvious to sell. I believe it has more potentials to go up.
Use this analysis as a guide tool for your trading.
USE PROPER MONEY MANAGEMENT.