USDJPY Daily Analysis – May 25, 2020

USDJPY remains in the uptrend from 105.98. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next target would be at 108.50 area. Only break below the channel support would indicate that the upside movement had completed at 108.08 already, then another fall towards 106.00 could be seen.

USDJPY 4-hour chart