USDJPY Daily Analysis – May 27, 2019

USDJPY extended its downside movement from 110.67 to as low as 109.27, facing the 109.00 support, a breakdown below this level could trigger further downside movement towards 108.50. Resistance is at 109.75, a break of this level could bring the price back to 110.50 area.

USDJPY 4-hour chart