I see USDJPY melting due to several reasons

It has been creating LH and LL

It has broken the counter trendline (blue)

I see it retesting the trendline (red) before going back down

The retest of the trendline is not only a support area but also a 61.8% on the fibonacci tool

Many confluences for it to keep going down
Chart PatternsconfluencesFibonacciFibonacci RetracementTrend Analysis

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