USDJPY’s bounce from 102.85 extends to as high as 104.88. Further rise to test 105.44 resistance could be expected, a break above this level will signal resumption of the uptrend from 96.57 (Oct 8, 2013 low), then the following upward movement could bring price to 110.00 area. Key support is now at 102.85, only break below this level could signal completion of the uptrend.
