USDJPY Daily Analysis – May 15, 2020

USDJPY’s fall from 107.76 had completed at 106.74 already. Another rise to test 108.08 resistance would likely be seen in the coming days, a break of this level could take the price to 109.00 area. Near term support is at 106.74, only break below this level could trigger another fall towards 106.00.

USDJPY 4-hour chart