USDJPY is facing the resistance of the falling trend line on the 4-hour chart. A breakout of the trend line resistance would indicate that the downside movement from 109.99 had completed at 108.49 already, then another rise towards 111.00 could be seen. On the downside, as long as the trend line resistance holds, the bounce from 108.49 would possibly be correction for the downtrend, a breakdown below 109.20 support could trigger another downside movement towards 108.00.
