USDJPY is trading sideways for the last few weeks which now looks more and more like a bullish triangle, so we should be aware of more upside after wave E) that is now approaching 114.00-114.50 support area. This will be key support for bulls in the next week when we will expect a bounce as long as 113.44 holds.
The next important invalidation level is at 112.54. Break above 115.85 can lead to a later breakout into the fifth wave.
USDJPY 4h Elliott Wave Analysis
Check our services at https://wavetraders.com