USDJPY Daily Analysis – May 26, 2017

USDJPY remains in uptrend from 110.23, the fall from 112.13 is likely consolidation of the uptrend. Further rise could be expected and next target would be at 113.50 area. Support levels are at 110.80 and 110.23, only break below these levels could take price back to the downtrend from 114.36.

USDJPY 4-hour chart