The USDJPY had a bearish momentum last week bottomed at 112.56. The bias is bearish in nearest term testing 111.50/30 region which is a good place to buy with a tight stop loss. Immediate resistance is seen around 113.00. A clear break above that area could lead price to neutral zone in nearest term testing 113.50. On the downside, a clear break and daily close below 111.50/30 would reactivate my bearish mode as a part of the double top bearish scenario (118.60) as you can see on my daily chart below.