USDJPY to go down in C leg of a correction, target 121.00

USDJPY has failed to form an upward looking impulse for now and is likely to continue correcting itself down. Corrections are three-wave structures which tend to be symmetric across their B or X waves (opposite to impulse waves, which are about advancing price to new levels). From that pov the correction in USDJPY looks incomplete and we need another leg down in order to create a symmetric setup. Assuming equality of A and C we may target the area of 121 where the correction may end.
Correlation of the projected C wave with other currencies:
EURUSD - correction up to the impulse
Crude - last swing high
Gold - correction up
USDCAD - impulse down in corrective Y wave