USDJPY remains in downtrend from 120.47. Further decline could be expected after a minor consolidation, and the target would be at 116.50 area. Key resistance is at 120.47, only break above this level will indicate that the long term uptrend from 101.06 (Jul 10, 2014 low) has resumed, then the following upward movement could bring price to 125.00 area.
