USDJPY Daily Analysis – March 24, 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 112.50 area. Only break below the trend line support could signal completion of the uptrend.

USDJPY 4-hour chart