imo i think the sell wave of usdjpy is about to end because now it is at the bottom line of descending channel and below is good support levels are coming so before testing that level you should buy it for target 1 which is 110.30 of 111.00 for this time if price reject from that level you should sell it from there till target yellow area as we have seen last week pair was fall about 300 pips in a weak and when it break the major support level the pullback is missing so i am aiming for that pull back and now if you are going for a buy you should place your stops below 108.00 or even if you want more save then place 107.50 and you reward would be 200 pips so guys good luck for this trade