Start rebounding?

Background: BOJ Rate: -0.1% trying to stimulus its economic.

Arbitrage at GBP/JPY has started.

See if the JPY could hold its ground through this week.

Scenario 1: Step to step from a resistant to a support: 18000----19000----20000

Scenario 2: Go down and test 16000 again, then rebound to the high level, "W" pattern.

Scenario 3: Slump below 16000 to 14500