USDJPY Daily Analysis – September 12, 2019

USDJPY’s upside movement from 105.73 extended to as high as 108.09. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at 108.50 area, only a clear break below the trend line support could signal completion of the uptrend.

USDJPY 4-hour chart