So it has finally decided to turn bearish on Nov 4, 2021. As of now, Ichimoku and MACD are showing this trend. MACD shows a nice down trend that looks to continue for another day or so while Ichimoku has just now fully initiated the confirmation on the 4 hour chart. We could get a nice pull back down to 112.000 if anyone is still wanting to ride it out. I pick this number since it sits nice on the Fib retracement. The 8 hour chart is starting to show a breakthrough on the Ichimoku cloud. so definetly worth holding for 4-8 hours as of now.
USDJPY
USDJPY