USDJPY Daily Analysis – June 14, 2018

USDJPY stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 108.11. As long as the trend line support holds, the fall from 110.84 could be treated as consolidation for the uptrend and further rise towards 111.39 resistance is still possible after the consolidation. Only a clear break below the trend line support could signal completion of the uptrend.

USDJPY 4-hour chart