USDJPY dropped sharply from 112.22 to as low as 104.99. Further decline could be expected after a minor consolidation and next target would be at 104.44 support, followed by 102.00 area. Near term resistance is at 106.20, a break of this level could bring the price back to 107.50 zone.
![USDJPY daily chart](https://www.forexcycle.com/wp-content/uploads/2020/20200308_USDJPY_1.png)