USDJPY Daily Analysis – March 26, 2020

USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 101.17. As long as the channel support holds, 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