USDJPY Daily Analysis – April 4, 2019

USDJPY extended its upside movement from 109.70 to as high as 111.57. As long as the trend line support holds, the upside movement could be expected to continue and next target would be at 112.00 area. Key support is at 111.15, only a breakdown below this level could bring the price back to 110.00 area.

USDJPY 4-hour chart