USDJPY continued its sideways movement in a range between 101.06 and 101.78. The price action in the range is likely consolidation of the downtrend from 102.79 (Jun 4 high), another fall to test 100.75 support is possible after consolidation. Only break above 101.78 resistance will indicate that the downtrend from 102.79 had completed at 101.06 already, then further rise to 103.50 area could be seen.
