Holding below 100: The 4H USD/JPY chart shows that price fell to 98.85 and then pulled back to test the 200-SMA in this time-frame, around 100.40-45, in a bearish channel. After a brief consolidation, the USD/JPY fell back below 100 and is pushing back toward the 98.85 low. Price action and momentum has turned bearish in this time-frame, but it is still to early to say that the uptrend since Oct/Nov. 2012 is over. Rising Trendline: The daily chart below shows that the USD/JPY is basically testing a rising trendline that connects 79.20, 11/11/2012 low, with 92.70, 4/3/2013 low. A break below the 98.85 low could break ... (full story)