USD/JPY analysis (July 20)

After a confirmed break below critical level at 80,00 from last week, the pair has been trading flat for a few days now.
We might see a resumption of the downtrend soon, particularly if the market can establish below 79,00. Indeed, we often see a new acceleration in the direction of the trend after a consolidation period.
We need to see at least a break back above 80,00 to leviate the downside pressure.