The usdjpy pair has seen an impressive move over the past 2 weeks breaking out of a range. This trend appears to have a great fundamental case as the fed has a clear path to hike rates. The rate differential trade could price this upwards of 125. Technically, this chart appears to have put in a top. The move after the fed announcement creating the large 4 hour wick looks very exhausted. 116 looks to be an area that could hold the price. I like buying or covering within a 30 pip range of that area. Over all the dollar will likely continue it’s ascent higher as despite its woes, all other currencies are worse off.