USDJPY Weekly Analysis – April 13, 2019

USDJPY is testing 112.13 resistance. A breakout of this level would indicate that the upside movement from 105.05 has resumed, then next target would be at 114.00 area. Support is at the rising trend line on the daily chart, a breakdown below the trend line could bring the price back towards 109.70 support.

USDJPY daily chart