USDJPY Daily Analysis – February 24, 2020

USDJPY is in consolidation for the uptrend from 108.30, range trading between 111.20 and 112.22 would likely be seen in a couple of days. As long as 111.20 support holds, the uptrend could be expected to resume and further rise towards 113.00 is still possible, only break below 111.20 support could signal completion of the uptrend.

USDJPY 4-hour chart