USDJPY is testing the previous low support at 101.41, a break below this level will signal the resumption of the down trend, and then deeper decline to test 100.00 support could be seen. Near term resistance is at 103.25 followed by 104.17, as long as 104.17 resistance holds, we’d expect down trend to continue.
http://blog.forexcycle.com/716/short...s-mar-11-2008/