USDJPY drop today drew a bearish candle near the previous low, but still in the range between the upper and lower bands. Pending orders haven't been hit yet, prices have fallen further.
USDJPY moved down, pending orders not hit, the dollar index (DXY) today rose 0.38% from 106,461 to a high of 107,156 continuing the previous day's rise
Gaps occurred in several currency pairs, including USDJPY, gap down occurred at market opening on Monday, today there is no high impact news, pending orders have been placed.
USDJPY fell again after recovery after the gap that occurred on Monday, predicted support at around 153,300 and moving in the range while waiting for US CB consumer confidence news
USDJPY is down, pending orders are getting further away from being touched, today we are waiting for news on US data, Prelim GDP, Unemployment Claims and Core PCE Price Index.
USDJPY rose and hit pending orders, yesterday's US PCE data as expected provided support for the USD, and other economic data on unemployment claims also strengthened the USD.
USDJPY is dropping now after yesterday's consolidation, on the daily timeframe the price has almost crossed the MA 50 from the upside. The strengthening of the Japanese Yen may continue.