usdjpy has recently broken below a key support level on 4H, quite quickly though the market has returned within the boundaries of a wide trading range 107.4 - 108.4 simultaneously braking the falling parallel channel .
now the lower boundary of the range will be again significant support for the buyers, so I will be looking for a signal inside this area to buy.
my target levels will be 108.0 and 108.4
if you want to trade aggressively, the safest stop will be below the lowest point of the flag.