USDJPY Weekly Analysis – September 15, 2018

USDJPY is facing 112.15 resistance. A breakthrough this level would indicate that the uptrend from 104.63 has resumed, then further rise towards 115.50 resistance is possible. Support is at 109.77, a breakdown below this level would confirm that the uptrend had completed at 113.17 already, then next target would be at 106.00 area.

USDJPY daily chart