USDJPY is facing 101.60 support, a breakdown below this level will signal resumption of the downtrend from 102.79, then next target would be at 101.00 area. On the upside, as long as 101.60 support holds, the sideways movement in a range between 101.60 and 102.35 could be expected to continue, and another rise to test 102.35 resistance is still possible.
