USDJPY is forming a sideways consolidation in a range between 115.56 and 121.84. Another rise towards 130.00 could be expected after consolidation, and a break of 121.84 resistance could signal resumption of the uptrend from 101.06 (Jul 10, 2014 low).
![usdjpy chart](https://www.forexcycle.com/wp-content/uploads/2015/20150301_USDJPY_1.png)