USDJPY is forming a sideways consolidation in a range between 102.85 and 105.44. As long as 102.85 key support holds, the price action in the range could be treated as consolidation of the uptrend from 96.57 (Oct 8, 2013 low), one more rise towards 110.00 could be expected after consolidation. On the downside, a breakdown below 102.85 support will indicate that the uptrend from 96.57 had completed at 105.44 already, then the following downward movement could bring price back to 95.00 zone.
