USD/JPY Analysis (September 6)

The pair continues to trade flat above its historical low (76,00) and does not seem ready to start a meaningful bounce.
A material might be in place but we need to see at least a break above 77,70 (recent high) to confirm a possible bullish potential. By the meantime, the overall setup remains bearish.
A break below 76,00 would resume the downside move.
We will stay on the sidelines on this pair until we see a trend emerges.