USDJPY Daily Analysis – March 13, 2020

USDJPY is now in the uptrend from 101.17. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at 107.50 area. Key support is at 103.09, only break below this level could trigger another fall towards 101.00.

USDJPY 4-hour chart