USDJPY Daily Analysis – December 20, 2013

USDJPY remains in uptrend from 96.94 (Oct 25 low). Further rise could be expected over the next several days, and next target would be at 105.00 area. Key support is located at the upward trend line on 4-hour chart, only a clear break below the trend line support could signal completion of the uptrend.

usdjpy daily chart