The USDJPY continues one its one way train. Bearish divergence as well as RSI rolling over from above 70 (240 minute chart) gives scope to price rolling over.
A break under the short term resistance line drawn off of the 5/11 and 5/18 lows near 121.36 is required to suggest that a turn lower has occurred. We are sitting tight for now but watching the USDJPY closely for any signs of a reversal.