USDJPY Daily Analysis – July 5, 2017

USDJPY stays above the rising trend line on its 4-hour chart and remains in uptrend from 108.81. As long as the pair is above the trend line, the uptrend could be expected to continue and next target would be at 115.00 area. Key support is at 111.73, only a breakdown below this level could signal completion of the uptrend.

USDJPY 4-hour chart