USDJPY remains in uptrend from 101.50
USDJPY remains in uptrend from 101.50, the fall from 109.45 is likely consolidation of the uptrend. Support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 110.00 area. Only a clear break below the trend line support will indicate that the uptrend had completed at 109.45 already, then deeper decline to 106.50 area could be seen.
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