The previous move looks like an impulse for short-term and what it doing now is a correction(probably expanding flat). There is also enough support for good trade support and the RR is also attractive for short-term.The profit can be trailed as there are chances for huge up move.
As you see the recent low is broken with a strong down impulse. Now there is correction and its better to enter short with 0.618 fib level for very nice risk to reward of 1.8 with a strict stop-loss and profit level.
It clearly shows that "USDJPY" is currently in the trend and it completed a correction and started to move up. Now wait for a small correction to enter long with a strict stop loss. one must be very cautious once the top has broken because there may be a sharp reversal if no strong buying power. The RR comes at 1.56 for a minimum profit target
It may or may not reverse sharply but it should get relief because of support. With the expiry nearing, one can employ a option strategy when the support level tested with limited downside risk(Risk of option strategy must be limited to your level).