USDJPY Daily Analysis – March 18, 2020

USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 101.17. As long as the trend line support holds, the upside movement could be expected to continue and next target would be at 110.00 area. Key support is at 105.13, only a break below this level could bring the price back to 102.50 zone.

USDJPY 4-hour chart