USDJPY broke below the rising price channel on the daily chart. Deeper decline to test 107.88 support would likely be seen next week, a breakdown below this level would indicate that the upside movement from 104.44 had completed at 109.72 already, then another fall towards 104.00 could be seen. However, as long as 107.88 support holds, the pullback from 109.72 would possibly be consolidation for the uptrend, further rise to 110.50 area is still possible after the consolidation.
