USDJPY Daily Analysis – November 13, 2019

USDJPY continued its sideways movement in a trading range between 108.64 and 109.48. The sideways movement is likely consolidation for the uptrend from 107.88, further rise to 110.00 area is possible after the consolidation. Key support is at 108.64, only break below this level could signal completion of the uptrend.

USDJPY 4-hour chart