• USD/JPY extends consolidation after break above 100-DMA resistance.
   
• Upside struggling to gain momentum, techs, however, support upside.
   
• We see weakness only on break below 100-DMA at 103.23.
   
• BOJ's Governor Kuroda was on the wires, noting that Japan's CPI is likely to be slightly negative or around zero % for the time being. 
   
• Also, downward revision of Japan's industrial production data for the month of August to further help support upside in the pair.
   
• Breakout of range trade will see upside gain traction, next major hurdle on the upside aligns at 105.75 (trendline).
   
• Major support levels - 103.94 (5-DMA), 103.23 (100-DMA), 103, 102.85 (Oct 7 low)
   
• Major resistance levels - 104.63 (Oct 13 high), 105, 105.60 (July 29 high)
   
• Our previous call (http://www.econotimes.com/FxWirePro-USD-JPY-retakes-104-handle-intraday-bias-higher-348704) is progressing.
   
• Recommend holding for targets.