USDJPY Daily Analysis – November 8, 2019

USDJPY broke above 109.28 resistance, suggesting that the uptrend from 107.88 has resumed. Further rise could be expected in a couple of days and next target would be at 110.00. Support is now at 108.64, only a breakdown below this level could trigger another fall into 108.00 zone.

USDJPY 4-hour chart