Ian Coleman is looking at USDJPY, suggests selling at the open and at 102.40 with a stop at 102.60. 

For the third day in succession levels above 102.65 found sellers. This resulted in the trend of five higher daily highs being broken. This downward pressure has been established again overnight and Ian notes an expanding wedge or ‘three drives’ pattern in the intraday chart. This pattern could offer scope for mild gains at the open but, with bespoke resistance at 102.40, rallies should be limited. Ian suggests profit targets of 101.85 and 101.44 with resistance levels at 102.40, 102.65 and 103.04

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