USDJPY remains in the uptrend from 109.36, the fall from 112.80 is likely consolidation for the uptrend. Near term support is at 111.90, as long as this level holds, the uptrend could be expected to resume and further rise towards 113.50 is possible. On the downside, a breakdown below 111.90 support could bring the price back to next support level at 111.00.
