The USD/JPY has been in a very straight upwards path since breaking out of a price bottom in early November. USD/JPY Daily Chart 12/2(click to enlarge)Bearish Divergence:- The RSI has pushed above 80, which shows very strong bullish momentum. It doesn't really say the market is overbought, but the market is bullish.- However, when the RSI made a lower higher as price made a higher high, we got a bearish divergence. This simply tells us, the bullish momentum is slowing down - that maybe finally, the market feels USD/JPY is overbought.Critical Resistance:- There is a key support/resistance pivot area between 114.85 and 115.50. - Price is essentially tagging the bottom of this pivot area and finding resistance during the 12/1 session.- I would anticipate the market becoming a bit more choppy here around or just under the 115.00 area.- A break above 115.50 would open up the 118.00 area and support pivot area. Bullish Outlook:- I think November's price action set the stage for bullish continuation in USD/JPY. - Even the 125-125.90 highs will be in sight. - I believe this because the FOMC is looking to raise rates soon, and the BoJ still has a while to go before it turns the corner from its currently expansionary monetary policy. Given the bullish outlook and expectation of resistance. We should probably be anticipating a buy-on-a-dip setup.