USDJPY Daily Analysis – November 6, 2018

USDJPY is testing the resistance level at 113.38. A breakout of this level would indicate that the upside movement from 111.37 has resumed, then next target would be at 114.00 area. Key support is at 112.55, only a breakdown below this level could bring the price back towards 112.00.

USDJPY 4-hour chart