USDJPY Daily Analysis – December 19, 2016

USDJPY’s upward movement from 101.18 extended to as high as 118.66. Key support is at 114.73, as long as this level holds, the uptrend could be expected to continue, and next target would be at 120.00 area. Only break below 114.73 support could signal completion of the uptrend.

usdjpy chart