On 4H timeframe, USDJPY was finished impulse intermediate (1) on Nov 9,2020 at level 103.111. So I can say, USDJPY is in correction intermediate (2) structure this week. Those correction intermediate (2) .already consist 2 minor. They are A and B, which they were formed from 11 Nov until 23 Nov. This a sign that USDJPY can go up to forming minor C , which minute i and ii were finished, so next target up is in level 105.501.
If you buy USJDPY, please note that you are against overall trend. I means , in weekly timeframe, I can tell you that USDJPY actually in bearish trend, probably next down level is 93,86
If you buy USJDPY, please note that you are against overall trend. I means , in weekly timeframe, I can tell you that USDJPY actually in bearish trend, probably next down level is 93,86