USDJPY Daily Analysis – September 15, 2017

USDJPY broke above 110.94 resistance, indicating that the downtrend from 114.49 (Jul 11 high) had completed at 107.31 already. The pair is now in uptrend from 107.31, the fall from 111.03 could be treated as correction of the uptrend. Another rise could be expected after the correction and next target would be at 112.50 area.

USDJPY 4-hour chart