USDJPY Daily Analysis – April 27, 2017

USDJPY continued its upward movement from 108.13 and the rise extended to as high as 111.77. Support is at 110.50, as long as this level holds, the uptrend could be expected to continue and next target would be at 113.00 area. Key support is at 110.00, only break below this level could signal completion of the uptrend.

USDJPY chart