USDJPY Daily Analysis – September 15, 2016

USDJPY’s bounce from 101.20 can reach 103.35 only, the subsequent fall indicate that the pair remains in downtrend from 104.31. Further decline to 100.00 area would likely be seen over the next several days. Resistance is now at 103.35, only break above this level could trigger another rise towards 106.00 zone.

usdjpy chart