USDJPY Weekly Analysis – January 18, 2014

USDJPY remains in uptrend from 96.57, the fall from 105.44 is treated as consolidation of the uptrend. Another rise could be expected after consolidation, and next target would be at 110.00 area. Support is at 102.85, only break below this level could trigger another fall to 95.00 zone.

usdjpy chart