USDJPY Weekly Analysis – November 1, 2015

USDJPY is testing 121.62 resistance, a break of this level will signal resumption of the uptrend from 116.13, then the following upward movement could bring price to 125.00 area. Support levels are at 118.16 and 116.13, only break below these levels could bring price to 110.00 area.

usdjpy chart