USDJPY Daily Analysis – June 1, 2017

USDJPY moved sideways in a trading range between 110.23 and 112.13. Support is at 110.23, a breakdown below this level could bring price to next support level at around 109.60. Near term resistance is at 111.50, only a break of this level could trigger another rise towards 115.00.

USDJPY 4-hour chart