USDJPY Daily Analysis – April 4, 2018

USDJPY remains in the short term uptrend from 104.63, the fall from 107.01 is likely correction for the uptrend. Another rise to test 107.29 resistance is possible and a break of this level could take price to next resistance level at 107.90. Support is now at 105.65, only a breakdown below this level could bring price back towards 104.63. Below this level would aim 102.00 area.

USDJPY 4-hour chart