USDJPY Daily Analysis – February 10, 2015

USDJPY broke above 118.86 resistance, indicating that the uptrend from 115.85 has resumed. Further rise to test 120.82 resistance could be expected, a break of this level will target 125.00 area. Support is at 117.60, only break below this level could bring price back to test 115.85 support.

usdjpy chart