USDJPY Daily Analysis – December 13, 2017

USDJPY is facing 113.91 resistance. A break of this level could take price to next resistance level at 114.73. Near term support is at 113.13. A breakdown below this level could bring price back towards the rising trend line on the 4-hour chart. Only a clear break below the trend line support could signal completion of the uptrend from 110.84.

USDJPY 4-hour chart