FxWirePro: USD/JPY capped below 38.2% Fib, good to go short on break below 102

• USD/JPY holds above 102 handle, we see weakness onbreak below.
   
• Upside finds stiff resistance at 102.57 to 102.71 zone - 102.57 (38.2% Fib), 102.62 (50-DMA), 102.71 (10-DMA).
   
• Major trend is down, bearish invalidation only on break above 103 levels.
   
• Likelihood of another BoJ disappointment at the Sept 21 meet is rising, putting upside risk to the near-term path for JPY.
   
• Downside finds strong support by 20-DMA at 101.61. On a clear break below the 20-DMA we see scope for test of 98.90 (trendline).
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Recommendation: Good to short decisive break below 20-DMA, target: 101/ 100.75/ 99.55/ 99