USDJPY bounces higher and toward the targets in the middle of the range

This week traded the high to low trading range
The USDJPY bottomed yesterday at 103.665. That was just above the November 18 low of 103.646.  The price has bounced up toward the 38.2% retracement at 104.078. We are currently trading at 103.93. The inability to move below the low, sent the price higher.