USDJPY failed to break below the upward trend line on 4-hour chart, indicating that the pair remains in uptrend from 118.23, the fall from 122.02 could be treated as consolidation of the uptrend. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 125.00 area. Key support is now at 120.66, only break below this level could signal completion of the uptrend.
