Looking at the technical factors, on the 4hour chart we can see the price sitting at the bottom of ichimoku's kumo cloud. The cloud is pretty fat therefore there is a lot of support. There is also support from the SMA100, the 200 and a . We also see a crossover of the SMA100 and SMA200.
USDJPY will go up to towards 106.40, where price will be facing a major . From that point, we might see price go down a bit before breaking the and starting a back to the 110-111 area.