Using Chris Derrick's Floor & Ceiling method, I've boiled down to three option for USDJPY in the upcoming week. 2 long 1 Short.
1. Bearish movement to the 106.776 area before climbing to 108.445. (long on floor) 2. Bearish movement past the 106.776 area with a retest following before descending further. (short on retest) 3. Bullish movement before descending down to 106.776 retest before becoming bullish again. (Long on retest)