USD/JPY may fall to 111.66;
1)on the hourly chart, the upward movement of the USD5 against the Japanese yen from 110.38 has ended at 112.45,
2)the exchange rate may move into the downtrend adjustment phase; the short-term support below looks at 111.96 and 111.66, they are 23.6% and 38.2% Fibonacci retracements of the previous up-swing