USD/JPY Analysis (September 8)

The pair continues to trade flat above its historical low (76,00) and we now wait for the market to start a meaningful move.
A material might be in place but we need to see an acceleration above the 78,00 handle to confirm a real bullish potential. By the meantime, the overall setup remains neutral (long term bearish).
A break below 76,00 would resume the downside move.