The USDJPY has breached the bearish channel with prices struggling to keep above 110.30 as of writing. Bulls seem to be tired on the 4 hourly timeframe and this should provide an opportunity for sellers to attack if prices break below 110.30. Sustained weakness under this level is seen opening a path towards 109.60. Alternatively, a scenario where bears are unable to conquer this support is likely to encourage a rebound back towards 111.10. The outcome of this setup hangs on when or if the downside momentum is strong enough to crack 110.30.