USDJPY Daily Analysis – March 25, 2020

USDJPY extended its upside movement from 101.17 to as high as 111.71. 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 112.50 area. Key support is at 109.32, only break below this level could signal completion of the uptrend.

USDJPY 4-hour chart