USDJPY broke below the lower line of the price channel on 4-hour chart, indicating that the upward movement from 96.94 (Oct 25, 2013 low) had completed at 105.44 already. The pair is now in downtrend, further decline could be expected, and next target would be at 102.50 area. Resistance is at 104.65, only break above this level could trigger another rise towards 110.00.
