USDJPY Daily Analysis – April 20, 2018

USDJPY is facing 107.78 resistance, a breakout of this level could signal resumption of the uptrend from 104.63, then next target would be at 109.00 area. Key support is at 106.61, only a breakdown below this level would indicate that the upside movement is complete, then the pair would find next support level at 105.65.

USDJPY 4-hour chart