USDJPY Weekly Analysis – October 27, 2019

USDJPY stays above a rising trend line on the daily chart and remains in the uptrend from 104.44. As long as the trend line support holds, the upside movement could be expected to continue and next target would be at 110.00 area. Near term support is at 108.10, below this level could bring the price back towards the trend line.

USDJPY daily chart