USDJPY is forming a cycle bottom at 90.85 level on 4-hour chart, and the bounce from 90.85 could possibly be resumption of uptrend from 88.98. Key resistance is at 92.10, a break above this level will confirm the cycle bottom and indicate that the fall from 92.88 is complete, then another rise to 94.00 could be seen. 20100614_usdjpy_1.gif