Yen is in a downtrend but I think the retracement from 140 is likely, perhaps even top. Trigger: → I expect to see a rejection of 140 on an hourly timeframe or strong fakeout. This must be confirmed on 15m timeframe as lower lows and lower highs get created. → If there is a policy shift in Bank of Japan during the trade, I will be willing to hold it for longer.