USDJPY Daily Analysis – July 20, 2020

USDJPY failed to break above 107.43 resistance and stayed in a trading range between 106.64 and 107.43. Support is at 106.64, a breakdown below this level could take the price to 105.50 area. Resistance is at 107.43, above here could trigger further upside movement to 108.50 zone.

USDJPY 4-hour chart