USDJPY Daily Analysis – July 25, 2018

USDJPY is in consolidation for the downtrend from 113.17. Range trading between 110.75 and 111.90 would likely be seen in a couple of days. As long as 111.90 resistance holds, the downside movement could be expected to resume and a breakdown below 110.75 support could take the price to 109.00 area.

USDJPY 4-hour chart