USDJPY Weekly Analysis – July 14, 2019

USDJPY is now in the uptrend from 106.77, the pullback from 108.99 is likely corrective consolidation for the uptrend. Another rise towards 110.00 could be expected after the consolidation. Support is at 106.77, only a breakdown below this level could trigger another fall towards 105.00.

USDJPY daily chart