USDJPY Daily Analysis – March 25, 2014

USDJPY moved sideways in a narrow range between 102.01 and 102.68. Resistance is at 102.68, a break above this level will trigger another rise to test 103.76 resistance. Support is at 102.01, a breakdown below this level will signal completion of the uptrend from 101.20, then the following downward movement could bring price to 98.00 zone.

usdjpy chart