USDJPY broke above 113.43 resistance and reached as high as 114.09. Further rise could be expected and next target would be at 114.50 area. Near term support is at 113.20, followed by the rising trend line on the 4-hour chart. As long as the price is above the trend line, the uptrend from 111.65 will continue. On the downside, breakthrough the trend line support would suggest that the uptrend is complete, and this could trigger another fall to test 111.47 key support.
