USDJPY Weekly Analysis – November 10, 2019

USDJPY extended its upside movement from 104.44 to as high as 109.48. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next target would be at 110.50 area. Key support is at 107.88, only break below this level could signal completion of the uptrend.

USDJPY daily chart