The USDJPY continued its bullish momentum last week but still struggling above 104.20 key resistance area. The bias is neutral in nearest term. Immediate resistance is seen around 104.65. A clear break above that area would expose 105.00/50 region. Immediate support is seen around 103.50 and the trend line support as you can see on my H1 chart below. A clear break below that area could trigger further bearish pressure testing 102.75 area. Overall I remain bearish but only a clear break at least back below 103.50 would potentially end the current bullish correction phase.