USDJPY could shed 900 pips within the next 8 weeks.

USDJPY has expanded through all key support levels, and stands to lose nearly a thousand pips over the next 2 months if unable to rally back to the labeled 8 week mode. RgMov is flashing very bearish, as all major lows in the last 4 months have been taken out. From a market profile standpoint, the market is incredibly thin below this level for the 900 forecasted pips and it is easily doable, especially if U.S. data and the Fed continue to disappoint.