USDJPY formed a cycle top at 92.88 level on 4-hour chart. However, the fall from 92.88 is more likely correction of uptrend. As long as 90.53 key support holds, another rise towards 94.98 is still possible and a break of 92.88 could signal resumption of uptrend, only fall below 90.53 support will indicate that the bounce from 88.98 is complete. 20100608_usdjpy_1.gif