USDJPY Daily Analysis – June 20, 2017

USDJPY’s bullish movement from 108.81 extended to as high as 111.77. Near term support is at 110.64, as long as this level holds, the bullish movement could be expected to continue and next target would be at 113.00 area. Only a breakdown below 110.64 support could signal completion of the uptrend.

USDJPY 4-hour chart