USDJPY Daily Analysis – February 5, 2018

USDJPY broke above 109.77 resistance. Further rise would likely be seen and next target would be at 111.00, followed by 111.48. Near term support levels are at 109.50 and 109.20. Only break below these levels could bring price back towards 108.28 support. Below here would aim 107.31.

USDJPY 4-hour chart