USDJPY Daily Analysis – December 18, 2014

USDJPY’s downward movement from 121.84 had completed at 115.56 already. Further rise to test 121.84 resistance would likely be seen, a break of this level will signal resumption of the uptrend from 105.32 (Oct 15 low), then the following upward movement could bring price to 125.00 area.

usdjpy chart