USDJPY Daily Analysis – September 26, 2019

USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 108.47 had completed at 106.95 already. Further rally could be expected in the coming days and next target would be at 108.30 area. Support is at 107.40, below this level could trigger another fall towards 107.00.

USDJPY 4-hour chart