USDJPY Weekly Analysis – September 27, 2015

USDJPY moved sideways in a narrow range between 118.58 and 121.62. The price action in the range is likely consolidation of the uptrend from 116.13. Further rise to 125.00 area could be expected, and the target would be at 125.00 area. Key support is at 116.13, only a break below this level could bring price to 110.00 area.

usdjpy chart