USDJPY, now at 79.27, moved exactly as predicted.
The uptrend is likely to continue for very long time although this week we will probably see a minor downtrend (see 4-hour and 1-hour charts below) due to the unfolding of minor wave 4, which is usually a Zig-Zag to the downside. This action should take 1-3 days, then the uptrend should resume.
In the monthly chart below the currency pair has performed a breakout of the magenta channel. Minimum target at 94.00 (horizontal blue line).
We're also plenty of secondary targets/resistances: 85.13, 88.98, 94.00, 98.94, 102.00 and 105.36, the ones in bold more interesting.
This situation is confirmed by the weekly chart below which shows the completion of wave 1 and 2 in blue, the latter completing 5 waves down. The chart aims now to a target of 85.13
Having completed wave 1 and 2, the USDJPY is now working to complete wave 3 in 5 waves of a minor grade down (in royal blues and smaller font). More exactly, 3 of these 5 minor grade waves are now completed as in the daily chart below.
The next is wave 4 and it's a Zig-Zag made of 3-5 waves.
The 4-hour chart below shows the completion of wave 3 of a minor grade. This will be followed by wave 4 in a Zig-Zag made of 3-5 waves down. Targets at 78.86 but also at 78.66 and 78.55.
Finally the 1-hour chart below shows that, after completeng wave 3 up (in blue large font), we've done wave 1 (in magenta) sideways.
From now on the USDJPY will retrace down to 78.9 and 78.66 (blue horizontal line). Expect other 3 waves down.