Pivot Point..a continuation

On the 10^th (refer to the chart below), the USDJPY closed below the previous day close with a black candle body and the pivot point is above the close. As indicated in my previous posting, the next day i.e. the 11^th, the market is expected to have a bearish sentiment with the range high at pivot point or at S1 level and the low at S2. 

Japanese session normally  have a tendency to ignore the overnight lead in US especially during the early session. During the US session the cross went southward crossing the 91.00 level and registering about 120 pips downward moved within one hour. We expect that the cross to show an upward move during the early session in Japan but instead it consolidated into a channel of 90.50-90.30. At the end of Japanese session,  USDJPY breach the lower part of the channel and went down 30 pips and find support at 90.00 level. About one hour later it touch S1 and during the European session the price consolidated within the S1 and 90.00 level. 

At US opening session, USSDJPY managed to breakthrough the 90.00 level and moved upward to our target high of the day at Pivot point. The market close almost at the market open and forming a daily candle pattern of a doji. 

Based on the doji and with a close below pivot point, the sentiment for the 12^th is a mild bearish with a low at S1/S2 and high at pivot or R1. The Japanese session showed its normal tendency of reversing the overnight position. Moving below pivot point toward S1. The market was a bit slow and USDJPY manage to touch 90.00 level in late Japanese session. It touch S1 at the opening of London session and consolidated between S1 and 90 level during the London session. 30 minutes into the American session it break trough the consolidation phase breach the pivot point and went higher. USD JPY close above the S1 and the weekly pivot point. It did managed to touch  91.00 level with a reversal doji evening star.