USDJPY Weekly Analysis – December 1, 2019

USDJPY extended its upside movement from 104.44 to as high as 109.67, breaking above 109.48 resistance. Further rise could be expected in the coming days 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