The USD/JPY pair returned to trade around the pivot support at 93.75, after rebounding from the key support at 93.20 yesterday. Trading remains within a downside channel, as seen in the image above, therefore we hold our outlook to the downside on the intraday basis, targeting 92.00 as far as 94.05 remains intact on the four hour charts.

The trading range for today is among the key support at 90.95 and the key resistance at 97.75

The general trend is to the downside as far as 102.60 remains intact with targets at 84.95 and 82.60