USDJPY Daily Analysis – May 25, 2018

USDJPY’s downside movement from 111.39 extended to as low as 108.95. Further decline is still possible after a minor consolidation and next target would be at 108.00 area. Resistance is now at 110.10, only a breakout of this level could trigger another bullish movement towards 111.39 previous high.

USDJPY 4-hour chart