Will the USD/JPY touch the 102.00 level?

Risk appetite has returned to the markets after the strong fundamental releases out of China, which have caused the Yen to drop versus most of its major counterparts. On the 4 hour chart of the USD/JPY we can see that the price has consolidated around the 101.77 level, but it keeps its bullish trend. Therefore, it is possible for the price to keep moving higher and visit the 102.00 level. Just under the 102.00 level, we also have the 200 period Exponential Moving Average on the 4 hour chart, which can act as a resistance along with the 102.00 level and try to halt the price there. If the price does indeed reach the 102.00 zone, then there could be a bounce to the downside and possibly a good entry opportunity.