Last week in my article I put out a bias for the sell on the usdjpy pair, we saw that the price actually provided those two sell opportunity but they were short live and price went on to make a high above the 110.25 area however it did not remain there but retraced back to 109.50. this week am expecting the push to the downside to continue after a test of the 109.75 area. The main reason I favor the downside is because of the drop in the oil price and we know that Japan depends heavily on oil. however still be cautious because there is a lot of major news this week for the USD. also these two days of G7 meeting is like to have a great effect on the market. Overall though I am expecting JPY to show some strength