USDJPY extended it upside movement from 107.31 to as high as 113.43. Further rise towards 115.50 key resistance is still possible in a couple of weeks. Above this level would confirm that the long term uptrend from 98.97 (Jun 24, 2016 low) has resumed, then next target would be at 118.66 resistance. Near term support is at 111.47, only a breakdown below this level would indicate that correction for the uptrend is underway, then the pair would find support at 109.50 area.
