USDJPY Weekly Analysis – June 14, 2015

USDJPY remains in uptrend from 118.88, the fall from 125.85 is likely consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 130.00 area. Support is at 121.50, only break below this level could bring price back to 117.00 zone.

usdjpy chart