The USDJPY market posture is negative still. A close under 104.34 projects to 104.00 - 103.57. Any near term rebounds will find resistance at 105.34. A close over 105.36 (SAR) is needed to recapture bottoming / bullish trade action.

R2        105.16
R1        104.88

 
S1        104.42
S2        104.14