USDJPY Daily Analysis – July 10, 2014

USDJPY stays in a trading range between 101.23 and 102.26. Support is at 101.23, a breakdown below this level will signal resumption of the downtrend from 102.79, then next target would be at 100.90 area. Resistance is at 102.26, above this level will target 103.50 area.

usdjpy chart