It's been risky selling against JPY lately. However when opportunity comes we have to take it no matter the history of price action. NZDJPY reached significant daily resistance on 11th of January. Price retraced back down and failed to reached previous high on the push up. H8 closed bearish and H1 had a bearish engulfing candle pattern indicating some more sellers have entered the market and that we might ride the price back to lower support.