USDJPY Daily Analysis – April 19, 2019

USDJPY remains in the uptrend from 110.84, the sideways movement in the trading range between 111.76 and 112.16 could be treated as consolidation for the uptrend. A break of 112.16 resistance would indicate that the uptrend has resumed, then further rise towards 113.00 could be seen. Support is at 111.76, below this level could bring the price back to 111.20 area.

USDJPY 4-hour chart