If you have read my EUR/USD analysis, you can see that EUR/USD broke support and USD/JPY is already in bearish move. We sold EUR/JPY right after support was broken following weak German Flash Manufacturing PMI. Target 117.45.
Risk: It fails if this ongoing H1 candle is erased by bullish move in next few hours.
Target was hit.
117.45 is 61.8% support of whole swing up on daily time-frame.