USDJPY Daily Analysis – September 7, 2018

USDJPY broke below 110.68 support, suggesting that the downtrend from 111.82 has resumed. Further decline could be expected and next target would be at 110.00 area. Near term resistance is at 111.00, only a break of this level could trigger another rise towards 111.82 resistance.

USDJPY 4-hour chart