USDJPY Daily Analysis – December 21, 2016

USDJPY remains in uptrend from 101.18, the fall from 118.66 could be treated as consolidation of the uptrend. 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