USDJPY Daily Analysis – November 6, 2014

USDJPY’s upward movement from 105.32 extended to as high as 115.17. Support is now at 113.17, as long as this level holds, the uptrend could be expected to continue, and next target would be at 117.00 area. Only break below 113.17 support could signal completion of the uptrend.

usdjpy chart