USDJPY Weekly Analysis – June 24, 2018

USDJPY continued its sideways movement in a trading range between 108.11 and 111.39. Near term resistance is at 111.39, a breakout of this level could take the price to 113.00 area. Key support is at 108.11, a breakdown below this level could bring the price back towards 104.63, below this level would aim 100.00 area.

USDJPY daily chart