FXStreet reports that FX Strategists at UOB Group said that USD/JPY is expected to keep the 103.70-105.00 range unchanged for the time being. 

Next 1-3 weeks: “We highlighted on Tuesday that the current movement in USD is viewed as the early stages of a consolidation phase and we expected USD to trade between 103.70 and 105.30. There is no change in our view but the decrease in volatility suggests that a 103.70/105.00 range is likely enough to contain the price actions in USD, at least for a few more days.”