USDJPY Daily Analysis – June 19, 2017

USDJPY is now in uptrend from 108.81. the fall from 111.41 could be treated as consolidation of the uptrend. Support is at 109.70, as long as this level holds, the uptrend could be expected to continue and next target would be at 112.00 area. Resistance is at 111.41, a break of this level could signal resumption of the uptrend.

USDJPY 4-hour chart