USDJPY Daily Analysis – August 28, 2017

USDJPY continued its sideways movement in a narrow range between 108.60 and 109.84. Near term support is at 108.60, a breakdown below this level could take price to test 108.13 (Apr 17 low) key support. Resistance is at 109.84, above this level could take price to 110.60 area.

USDJPY 4-hour chart