USDJPY Daily Analysis – April 15, 2019

USDJPY extended its upside movement from 110.84 to as high as 112.09. Further rise could be expected after a minor consolidation and next target would be at 113.00 area. Near term support is at 111.80, a breakdown below this level could bring the price back to 111.20 area.

USDJPY 4-hour chart