USDJPY Daily Analysis – September 28, 2018

USDJPY extended its upside movement from 110.38 to as high as 113.63. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at 114.00 area. Key support is at 112.56, only a breakdown below this level could signal completion of the uptrend.

USDJPY 4-hour chart