USDJPY Daily Analysis – November 26, 2018

USDJPY extended its upside movement from 112.30 to as high as 113.29. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at 113.80 area. Only a breakdown below the trend line support could signal completion of the uptrend.

USDJPY 4-hour chart