USDJPY Weekly Analysis – October 18, 2015

USDJPY remains in short term uptrend from 116.13, the fall from 121.62 is likely consolidation of the uptrend. Further rise could be expected after consolidation, and the target would be at 125.00 area. Support levels area at 118.16 and 116.13, only break below these levels could bring price to 110.00 area.

usdjpy chart