USDJPY Weekly Analysis – July 1, 2018

USDJPY is facing 111.39 resistance. A breakout of this level could signal resumption of the uptrend from 104.63, then next target would be at 113.00 area. On the downside, a breakdown below 108.11 support would indicate that the upside movement had completed at 111.39 already, then another fall towards 104.00 could be seen.

USDJPY daily chart