USDJPY Daily Analysis – September 26, 2018

USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 110.38. As long as the trend line support holds, the upside movement could be expected to continue and next target would be at 113.50 area. Key support is now at 112.39, only a breakdown below this level could bring the price back to next support level at around 111.60.

USDJPY 4-hour chart