USDJPY Weekly Analysis – December 11, 2016

USDJPY’s upward movement from 101.18 extended to as high as 115.36. Key support is at 111.35, as long as this level holds, the uptrend could be expected to continue, and next target would be at 120.00 area. Only break below 111.35 support could signal completion of the uptrend.

usdjpy chart