Looking at USD YEN ITD chart, in the past two cycles, ITD 11 was due only a couple of trading days after ITD 10, then there's a relatively long trading days from ITD 11 to ITD 1.
This may mean that MTD 7 low will be due at ITD 1 low. And time frame wise, ITD 1 low will be due around end of July. In other words, assuming if the low today (91.8) is ITD 10 low, further slide down below ITD 10 is likely after a quick and short lived 2-3 days rally from ITD 10 low to ITD 11 high.
