USD/JPY broke minor support at 110.80/90 but bounced from 110.30. On further losses look for a buying opportunity at 110.00/109.90 with stops below 109.70. A break lower is a medium term sell signal.
Minor resistance at 110.80/90 but above here targets stronger resistance at 111.25/35. However a break higher this week targets 3 month trend line resistance at 111.70/80 in the sideways trend.
EUR/JPY severely oversold likely to trade sideways but longs are risky without a buy signal. Strong resistance at 126.70/80 still holding. Try shorts with stops above 127.10. A break higher targets a selling opportunity at 127.70/80.
Minor support at 126.00/125.90 but below here targets 125.70/65 and 125.30/25 before the low at 125.00/90. Further losses test the May low at 124.70/60. Below look for 124.10/00.