USDJPY Daily Analysis – July 9, 2018

USDJPY is facing 110.27 support, a breakdown below this level could signal resumption of the downtrend from 111.13, then next target would be at 109.70 area. Resistance levels are at 110.80 and 111.13, only break above these levels could trigger another rise towards 111.50.

USDJPY 4-hour chart