USDJPY bounced strongly from 102.85, indicating that the pair remains in uptrend from 96.57 (Oct 8, 2013 low), and the price action from 105.44 would possibly be consolidation of the uptrend. Further rise to test 105.44 resistance would likely be seen, a break above this level will trigger another rise towards 110.00. Key support is now at 102.85, only break below this level could signal completion of the uptrend.
