USDJPY Daily Analysis – December 11, 2019

USDJPY moved sideways in a trading range between 108.42 and 109.00. Support is at the bottom of the price channel on the 4-hour chart, a breakdown below the channel support could take the price to 107.50 area. Resistance is at 109.00, above here could trigger another rise towards 110.00.

USDJPY 4-hour chart