Kate, I will look up a Kenedy trend line as I know nothing about this terminology. What did you read or get your S&D education from?
Here is what I think I know the USD/YEN doesn’t follow its master much these days, only in spurts so one must be selective. This is because of its resilient safe haven status which has been eroded lately in favor of another currency because of the USD tariff debacles. All day today and I think will continue the YEn has traded sideways on the D7 chart and with a small bearish wedge on the D1 chart. This is support by the fundies USD/JPY: Political events a potential risk to the current 110-113 range - Danske Bank. That said the DXY just turned south so we can see some downward movement until its exhausted.
That said my indicators are supporting a downward movement as well for 50 pips or a bit more.
Kate your chart supports that movement into the plateau range.
After that my guess depending on the USD, YEn will rise to 130 on the D7 chart or if the USD falters the YEN can fall back from 112 to the next channel.
While I look to the week I trade within the day.