USDJPY Daily Analysis – June 26, 2017

USDJPY continued its sideways movement in a trading range between 110.64 and 111.78. Support level is at 110.64, as long as this level holds, the uptrend from 108.81 could be expected to continue and next target would be at 113.00 area. However, a breakdown below 110.64 support will signal completion of the uptrend, then the pair will find next support at around 109.70.

USDJPY 4-hour chart