USDJPY traded in a range between 88.00 and 89.15. Key support is at 88.00, as long as this level holds, one more rise to 89.50-90.00 area is still possible. However, below 88.00 will indicate that the bounce from 86.96 has completed at 89.15 already, then another fall towards 84.82 (2009 low) could be seen.

width=400