USDJPY Daily Analysis – June 25, 2019

USDJPY broke below 107.04 support, suggesting that the downtrend from 108.80 has resumed. Further decline could be expected in the coming days and next target would be at 106.50 area. Key resistance is at 107.73, only break above this level could bring the price back to 108.20 zone.

USDJPY 4-hour chart