USDJPY is still very weak since Sunday when market turned sharply bearish from 80.60; when traded very close to wave (C)=(A) levels. Well notice that prices now already formed an overlap with 79.29 highlighted in our past updates which suggest that wave (C) of E is finished and that bear market is now taking a control. Ideally now wave 2) pull-back is underway which should complete in the next two 24-48hours, probably around 79.80-80.00 resistance. Generally speaking rend-line break should
