I think the pair might rebound from 110.10 due to the spinning top bars
on the H4 time frame and the RSI divergence that has formed on the same
time frame.
Usd/Jpy is showing short term momentum indicating a bit higher, but bearish trend is still strong, on the downside 110.10/00 act as strong support zone.
The pair is very range-bound between 110.80 and 111.40 but I think that once that range ends it will continue falling. We need a breakout below 110.10 for a confirmation.
Overall on weekly usdjpy has downside trend movement tendencies, now waiting on rebounce
I think still continue bearish but need waiting on high before enter, keep stop loss on high previous daily if break will hit sl