USDJPY Daily Analysis – November 16, 2016

USDJPY continued its upward movement from 101.18, and the rise extended to as high as 109.33. Further rise is is still possible after a minor consolidation, and next target would be at 110.00 area. Support levels are at 107.60 and 106.00, as long as these levels hold, the uptrend will continue.

usdjpy chart