USDJPY Daily Analysis – November 19, 2019

USDJPY is now in the uptrend from 108.23, the pullback from 109.07 is likely consolidation for the uptrend. Another rise could be expected after the consolidation and next target would be at 109.48 resistance. Near term support is at 108.23, only break below this level could trigger another fall towards 107.50.

USDJPY 4-hour chart