USDJPY Daily Analysis – June 5, 2014

USDJPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 100.83, and the rise extended to as high as 102.79. Further rise could be expected and next target would be at 103.50 area. Only a clear break below the trend line support could signal completion of the uptrend.

usdjpy chart