USDJPY Weekly Analysis – March 29, 2020

USDJPY failed to break above 112.22 resistance and pulled back from 111.71. However, another rise to test 112.22 resistance is possible next week, a break of this level could trigger further upside movement towards 115.50 resistance. Support level is at 106.00, a breakdown below this level could take the price to 102.00 zone.

USDJPY daily chart