Since 09.Nov USDJPY makes up a probable flat correction in 123.60-122.30 range. Currently pair rebound is stopped at pivot point 122.85, where descending red trendline from two local highs (close values) meets control line from 26.Oct - 05.Nov highs.
USDJPY reversal to the downside would lead to 122.00 and 121.50. Sell orders are actual from current area with SL 123.00.