USDJPY Daily Analysis – September 14, 2018

USDJPY broke above 111.82 resistance, suggesting that the uptrend from 109.77 has resumed. Further rise could be expected after a minor consolidation and next target would be at 113.00 area. Near term support is located at the bullish trend line on the 4-hour chart, only a breakdown below the trend line support could signal completion of the uptrend.

USDJPY 4-hour chart