USDJPY Weekly Analysis – March 16, 2019

USDJPY remains in the uptrend from 105.05. As long as the price is in the bullish price channel on the daily chart, 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 bring the price back towards 110.00, followed by 108.00.

USDJPY daily chart