This comes from the intraday flow guy who made 200 pips in a session with his last suggestion so best we listen this time.
Heavy sell orders near 94.00 in USD/JPY should be hard to break and if they do break, then the buying wave is tsunami-like and we are surely headed higher.
The idea for the bears is to sell at 94.00 with a very tight stop above 94.25 looking for a return to Friday’s lows at 92.25, an excellent risk/reward ratio of 25:175.
Bulls can try buying a break of 94.15/20 with a reasonably tight trailing stop back below 94.00.