USDJPY Daily Analysis – September 24, 2019

USDJPY broke below 107.49 support, suggesting that the upside movement from 104.44 had completed at 108.47 already. Further decline could be expected and next target would be at 106.00 area. Near term resistance is at 107.80, above this level could trigger another rise towards 108.50.

USDJPY 4-hour chart