USDJPY Weekly Analysis – November 3, 2019

USDJPY remains in the uptrend from 104.44, as long as the price is in the rising price channel on the daily chart, the pullback from 109.28 could be treated as consolidation for the uptrend, further rise to 110.00 area is still possible after the consolidation. Only break below the channel support could signal completion of the uptrend.

USDJPY daily chart