USDJPY’s upward movement from 101.06 extended to as high as 121.68. Further rise could be expected after a minor consolidation, and next target would be at 130.00 area. Support levels are at 120.00 and 117.00, as long as these levels hold, the uptrend will continue.
![usdjpy chart](https://www.forexcycle.com/wp-content/uploads/2014/20141207_USDJPY_1.png)