USDJPY Daily Analysis – December 9, 2016

USDJPY remains in uptrend from 101.18, the fall from 114.82 is likely consolidation of the uptrend. Support levels are at 112.83 and 111.35, as long as these levels hold, the uptrend could be expected to resume, and further rise to 118.00 area is still possible.

usdjpy chart