USDJPY Weekly Analysis – March 10, 2019

USDJPY stays in a bullish price channel on the daily chart and remains in the uptrend from 105.05. As long as the channel support holds, the upside movement could be expected to continue and next target would be at 113.50 area. Key support is at 110.25, only a breakdown below this level could signal completion of the uptrend.

USDJPY daily chart