USDJPY moves sideways in a range between 95.82 and 99.94. As long as 95.82 support holds, the price action in the range is treated as consolidation of the uptrend from 77.14, one more rise towards 105.00 is still possible after consolidation. On the downside, a breakdown below 95.82 support will indicate that the uptrend from 77.14 had completed at 99.94 already, then pullback to 90.00 area could be seen.
For long term analysis, USDJPY is in uptrend from 77.14. Further rise towards 105.00 is possible over the next several weeks.
