We have seen USDJPY recently pullback and consolidate after the extended run towards 130.00 on the H4 timeframe.
The pair found support and a base at 127.50 which has led to a breakout of the falling wedge. We are also seeing a clean breakout on the RSI.
IF the breakout is sustained and the pair clears 128.20, then we could see USDJPY make a run towards the 130.00 danger zone again prior to the BOJ meeting.