USDJPY Daily Analysis – June 11, 2018

USDJPY broke below 109.37 support, indicating that the upside movement from 108.11 had completed at 110.26 already. Further decline could be expected and next target would be at 108.50 area. Resistance is at 110.26, only a breakout of this level could trigger further upside movement towards 111.00.

USDJPY 4-hour chart