USDJPY Daily Analysis – April 9, 2020

USDJPY is in consolidation for the uptrend from 106.91. Range trading between 108.10 and 109.38 would likely be seen in a couple of days. As long as 108.10 support holds, the upside movement could be expected to resume and further rise to 110.50 area is possible.

USDJPY 4-hour chart