USDJPY Daily Analysis – June 27, 2018

USDJPY remains in the downtrend from 110.90, the bounce from 109.36 is likely consolidation for the downtrend. A breakdown below 109.36 support could trigger another fall towards 108.50. Resistance is at 110.20, only break above this level could bring the price back towards 111.00.

USDJPY 4-hour chart