USDJPY Weekly Analysis – Saturday, Sept.15

USDJPY is facing 112.15 resistance. A breakthrough at this level would indicate that the uptrend from 104.63 has resumed, then a further rise towards 115.50 resistance is possible.

Support is at 109.77, a breakdown below this level would confirm that the uptrend had completed at 113.17 already, then the next target would be at the 106.00 area.

USDJPY daily chart

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