USDJPY is currently trending above strong support area. Breaking this 50% fib could be good position for short orders. But we also can stay above 50% fib and go back up over the resistance line. This would be a buy signal. But personally I think this pair will more likely go downside because it was not able to break above resistance line for buy setup. I'm definitely going to watch this pair.
Good luck
Chart PatternsLONGshortTrend AnalysisUSDJPY

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