uhm, I dont normally trade daily charts or usdjpy, but there is a nice setup that is actually already in play on this pair going LONG. again, with different brokers we will have different candle close time and you might have different looking daily chart. On mine, there was divergence in oversold RSI along with a bullish engulfing candle on May 1st, making this a valid setup at a good reversal area of 79.60ish where we have had price reversals before. The price has gone up above the high of the bull englufing candle, has retraced a bit, and is now goign up above it again ... this may be a nice long term play once the news is over ... lets keep an eye on it for the long term