USDJPY Daily Analysis – June 28, 2017

USDJPY’s bullish movement extended to as high as 112.46. Near term support is at 111.50, as long as this level holds, the uptrend from 108.81 could be expected to continue and next target would be at 113.50 area. Key support is at 110.95, only a breakdown below this level could signal completion of the uptrend.

USDJPY 4-hour chart