USDJPY Jan 13 to Jan 17 Outlook

Recap
Started the week testing Y-0 from below and failed to push higher. That gave us a drop to Y-1. FBO at Y-1 sent ninja higher. Found resistance at the top of the resistance zone mentioned last week by NFP report. Sold off back down to week low. Closed the week near Y-1 and below midpoint.

Outlook
2nd rejection of above 105. Clear signs of weaknesses. As long as B-0 / Y-0 acting as resistance, more downside is expected.