USDJPY Daily Analysis – March 20, 2015

USDJPY is now in downtrend from 122.02, the rise from 119.29 would possibly be correction of the downtrend. Another fall could be expected, and next target would be at 118.00 area. Resistance is at 122.02, only break above this level could trigger another rise to 125.00 area.

usdjpy chart