USDJPY remains in uptrend from 77.14, and the rise extends to as high as 90.18. Further rise could be expected after a minor consolidation, and next target would be at 88.00. Only break below 88.00 level will indicate that a cycle top has been formed on daily chart, then consolidation of the uptrend could be seen to follow.
For long term analysis, USDJPY had formed a cycle bottom at 77.14 on weekly chart. Further rise to 95.00 area is possible over the next several weeks.
