The 23,60 % Fibonacci resistance at 90,30 - 90,50 of the whole bear leg from 97,82 to 87,96 has capped any further rallies in usd/jpy.
The rebound from support has lost strength and the false trendline breakout could indicate a re-test of 88,00 zone over the coming sessions.
A close above 90,50 is needed in order to confirm a bullish push towards 91,00 - 91,70 (38,20 % Fib) resistance area.
Daily USD/JPY chart.
César B.Leiceaga.
How to profit from FX Markets by 


DEAR CESAR
Totally I agree with you,but with pattern structur that started from 101.4 (09/4/6)it seems the resent correction to 90.4 isnt complited (daily stc. turns up)and higher rally is probablly to 92 zone.
every break below 89.3 would negate this view and confirm resuming MT downtren.
REGARD
Dear A-Soltani,
I agree with your statement.
Best Regards.