FXstreet.com (Barcelona) - The Yen has rallied against the Dollar, which, according to the ActionForex.com Technical Team, means that rebound from 104.96 is completed: USD/JPY finally took out 105.92 support, confirming that corrective rebound from 104.96 is completed with three waves up to 107.89. Further decline should now be seen to retest 104.96 low and decisive break will indicate that whole decline from 114.77 has resumed for next medium term target of 101.22/65 level. Nevertheless, the ActionForex Team does not discard another strong rebound: Strong rebound from 104.97 or break of 106.87 resistance will suggest that consolidation from 104.96 is still underway for another rise before completion.