USDJPY went through TL support (which often can be more of a suggestive support especially in this type of indecisive period). To me it looks like it is simply redefining the TL support. The price reversal is not precisely at a strong support, but more between the TL support and horizontal . Thus, the price action reversal (support holding) around 109-108.8 is meaningful. That is determining my MT bias as long as that holds. I'm looking for a long entry point. Potential entry would be price action in the green box. Price could continue higher to TL Resistance and beyond.
1M: Monthly is interesting as it shows (in the box) indecisive price action. BOTTOM LINE: Be flexible with ever the bias you have.
1D: It was the #3 scenario of my previous analysis that occurred.