USDJPY BUY (Weekly View)

Based on a current five point wave of trend that has been consistently bound to the last 8 months, this current downtrend leaves breathing room on the retracement of 50% to now extend longer-term higher towards targets of 168 (+50%) on the fib. I would also look at anymore drops on the fib as further buying opportunities if the 50% doesn't hold. Either setup still remains consistent with the uptrend.