USDJPY Daily Analysis – June 25, 2018

USDJPY broke below 109.55 support, indicating that the upside movement from 108.11 had completed at 110.90 already. Further decline could be expected in the coming days and next target would be at 108.50 area. Resistance is at 110.20, only break above this level could trigger another rise towards 111.00.

USDJPY 4-hour chart