USDJPY is facing 84.40 resistance, a break above this level will suggest that the upward move from 80.30 has resumed, then further rally could be seen to 87.00 or even higher. Support is at 82.34, below this level could bring price to a sideways movement in a range between 80.30 and 84.40.
For long term analysis, USDJPY may be forming a cycle bottom at 80.30 level on weekly chart, key resistance is at 84.40, a break above this level will confirm the cycle bottom.
