USDJPY Daily Analysis – September 3, 2019

USDJPY failed to break below the bottom of the price channel on the 4-hour chart, suggesting that the pair remains in the uptrend from 104.44. Further rise would likely be seen and next target would be at 107.08 resistance. Key support is at 105.58, only break below this level could signal completion of the uptrend.

USDJPY 4-hour chart