Overall look: The dollar seems to keep up agaisnt the JPY, with economic data coming from both countries encouranging mostly for the USD.

Chart 1: The pair seems to find resistance at the previous high at around 124. Overall strength in the dollar could push the pair higher.
Chart 2: There seems to be good SUPPORT at 115 level. From there an UPWARD move would see the pair at 131.30, the 127.2% Fibo level. We'll pick the more modest 161.8% level as our prediction from the Monthly chart.

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