Break out of the level 4200 with retest will lead min 4400
SL 4050
probably high chance of downside, it looks like a distribution phase However wait for the confirmation
breakdown of the level 4100 with retest will lead min 4000
Target 3700
USDJPY about to violate the triangle upward sloping trendline below 109.50
if close below expects 108. very soon
while strong Resistance at cluster of MOVING AVERAGE 200DMA & 50DMA at 111.50
best of luck......
