USDJPY Daily Analysis – June 3, 2014

USDJPY broke above 102.13 resistance, indicating that the uptrend from 100.83 has resumed. Further rise could be expected and next target would be at 103.00 area. Support is now located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend will continue.

usdjpy chart