We are currently on a downtrend on USDJPY with price hovering above the 104.000 area which has been respected two times already in the past few weeks. If price decides to break this strong support (104.000) we could be looking for a short position with a best case senario drop to the 102.000 area. There is also a big propability that price respects this support for a third time and reverses to the upside so we need to be cautious regarding the decisions we make.