USDJPY Daily Analysis – October 25, 2019

USDJPY continued its sideways movement in a trading range between 108.03 and 108.93. The sideways move is likely consolidation for the uptrend from 106.48, further rise to 109.50 area is still possible after the consolidation. Only break below 108.03 support could signal completion of the uptrend.

USDJPY 4-hour chart