USDJPY Daily Analysis – April 5, 2018

USDJPY is now facing 107.01 resistance, a breakout of this level could signal resumption of the uptrend from 104.63, then further rise to test 107.90 resistance could be seen. Support is 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