USDJPY stays in a downward price channel on 4-hour chart, and remains in downtrend from 102.79, the rise from 101.60 could be treated as consolidation of the downtrend. Resistance is at the upper line of the channel, as long as the channel resistance holds, the downtrend could be expected to continue, and next target would be at 101.00 area. Only a clear break above the channel resistance could signal completion of the downtrend.
