USD/JPY remains in uptrend from 118.88, the fall from 125.85 is likely consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 130.00 area. Support is at 121.50, only break below this level could bring price back to 118.00 zone.

By Theodoros  Batsoulis
Technical Analyst
Risk Market
www.riskmarket.co.uk