USD JPY holding its position in a strong barrier at 109.500-110.00 after a long uptrend for the past few days. Omkar Godbole, Analyst and Editor at FXStreet writes: “A break above 110.00 would confirm a flag breakout and open the doors to 111.66 . And also he added, “Technically speaking, the probability of the pair witnessing a bull flag breakout is high, as the path of least resistance is to the high side, according to the descending expanding channel breakout confirmed on Jan. 3,”. If its up for a north-side move, the reversal move is holding its turnover in the 0.382 fibonacci level . Bears can only be seen after it breaks 109.00 region.