USDJPY continues its upward movement from 77.14 (Sep 13, 2012 low), and the rise extends to as high as 103.30. Further rise is still possible next week, and next target would be at 106.00 area. Support is at 98.50, only break below this level could signal completion of the uptrend.
For long term analysis, USDJPY is in uptrend from 77.14. Further rise towards 110.00 is possible over the next several weeks.
