USD/JPY (a 4-hour chart)
The pair still cannot resume the growth. Still the risks are still ascendant, and the uptrend to test the maximum 105.40 is expected.
There is a confirmed and strong buy signal. Chinkou Span is below the price, the price is above the Ichimoku cloud. Kijun-sen and Tenkan-sen are directed upwards. The Cloud is growing as well.
Bollinger Bands indicator shows a lateral movement as its bands are expanded and directed aside. MACD is growing, showing a buy signal.
We expect another 102.60 retest before the pair finally bounce down. If the pair does not break the level, we expect the U.S. dollar to fall versus the Japanese yen to the lower boundary of the rising channel 101.75.