FOR NOV 19 - 23 (NEUTRAL)

USDJPY is ranging from 114.5 - 111.5 this couple of days. I will be seeing this retrace to 111.653 within the week. If the price bounces on the green colour of the horizontal channel it will revisit the 114 area again and has a possibility to complete the bearish cypher pattern I posted last week. But if the price breaks the green towards red colour, we will see the USD plunge to 108 it set last May of this year.