USDJPY Daily Analysis – March 22, 2019

USDJPY remains in the downtrend from 112.13. Further decline could be expected after a minor consolidation and a breakdown below 110.29 support could trigger further downside movement to 109.50 area. Resistance is at 111.20, only break above this level could take the price back towards 112.00.

USDJPY 4-hour chart