USDJPY’s downside movement from 109.92 extended to as low as 107.85. Further decline is still possible in a couple of days and next target would be at 107.00 area. Near term resistance is at 108.45, a break of this level could bring the price back to 109.00 zone.
![USDJPY 4-hour chart](https://www.forexcycle.com/wp-content/uploads/2019/20190604_USDJPY_1.png)