USDJPY Daily Analysis – October 17, 2016

USDJPY remains in uptrend from 100.08. Further rise could be expected and next target would be at 106.00 area. Support is at 102.81, only break below this level will indicate that the uptrend had completed at 104.63 already, then the downward movement could bring price back to 100.00 zone.

usdjpy chart