USDJPY Daily Analysis – July 2, 2019

USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 106.77. As long as the trend line support holds, the upside movement could be expected to continue and next target would be at 108.80 resistance. Key support is now at 108.10, a breakdown below this level could trigger another fall towards 107.00.

USDJPY 4-hour chart