USDJPY remains in short term uptrend from 79.69

USDJPY remains in short term uptrend from 79.69. The price action from 81.26 is treated as consolidation of uptrend. Key support is at the uptrend line on 4-hour chart, as long as the trend line support holds, uptrend could be expected to continue, and next target would be at 81.60-81.80 area. Only a clear break below the trend line support will indicate that the rise from 79.69 is complete, then the another fall towards 78.00 could be seen.

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