USDJPY remains in uptrend from 101.06, the fall from 103.08 is likely consolidation of the uptrend. Support is located at the bottom of the price channel on 4-hour chart. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 103.80 area. Only a clear break below the channel support could signal completion of the uptrend.
