The USDJPY market is short term bearish still, with the break creating potential wash to 103.81. Trade is poised for continuation selloffs. Minor corrections contained by 104.80 should bear flag a setup for selloffs. A close over 104.93 (SAR) could spark retracements to 105.60.

R2         105.08
R1         104.80

 
S1         104.34
S2         104.06