USDJPY is facing 101.20 support, a breakdown below this level will signal resumption of the downtrend from 105.44 (Jan 2 high), then the following downward movement could bring price to 98.00 area. Resistance is at 101.90, only break above this level will indicate that lengthier consolidation in the trading range between 100.75 and 103.76 is underway, then next target would be at 103.00 area.
