Our bias is still to the downside, as the downwards-moving , that started on the 8th of January, has not been broken yet and seems to be holding the pair from heading back up. USDJPY could push towards the psychological 105 level, if it breaks the 105.550 again.
On the upside, because the 106.350 proved to be a good resistance, a move above it could push the price to test the aforementioned downtrend from underneath. A break of that could indicate, that the interest from the bulls is coming back in and the USDJPY could get a move towards the 107.900.
Currently, I am LONG, but only for a bit, with a STOP at 105.550.