USDJPY continued its sideways movement in a range between 101.60 and 102.35. As long as 102.35 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 102.79, one more fall to 101.00 area is still possible. However, a break above 102.35 resistance will confirm that the downward movement from 102.79 had completed at 101.60 already, then the following upward movement could bring price to 103.50 area.
