USDJPY is taking some correction after having a good downward trend. The upward move by USDJPY can be an extended one because it was moving downward with with small retracements and therefore generally was looking for an extended one. Also the RSI is on the lower side around 35 in both daily and weekly charts and is looking to push USDJPY upwards.
The main level currently targeted by USDJPY is 90.50, break of which will set 91.50 as next target. On the lower side, USDJPY seems to have potential to drop to 88.50 level.
We might see traders looking to both buy and sell USDJPY at reasonable levels and thus might not see a clear breakout by USDJPY any time soon.
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