USDJPY is moving sideways but slightly weakening from 102.15/20 area where market may have accomplished a triangle placed in wave B.
That’s a five wave pattern that occurs in the direction of a trend, therefore we are even more confident that the pair will continue lower in the next couple of trading days, down into wave C of D) towards 101.40, maybe even to 101.00.
USDJPY 4h Elliott Wave Analysis
