The USD/JPY is trading below its 200 MA and facing a major resistance at 108.90 if we close below it then we will come back to 108.02 but if we can break it this will push the USD/JPY to 110 so my strategy is to wait for the daily close above or below 108.90 to take position if above and with a strong bounce we will buy and target 110 but if we close below we will short