USDJPY Weekly Analysis – March 30, 2014

USDJPY moved sideways in a range between 100.75 and 105.44. Key support is at 100.75, a breakdown below this level will confirm the uptrend from 93.79 (Jun 13, 2013 low) had completed at 105.44 already, then deeper decline to 95.00 area could be seen. Resistance is at 105.44, a break above this level will indicate that the uptrend has resumed, then the following upward movement could bring price to 110.00 zone.

usdjpy chart