USDJPY’s upward movement from 105.32 extended to as high as 117.21. Support is now at 115.45, as long as this level holds, the uptrend could be expected to continue, and next target would be at 119.00 area. On the downside, a breakdown below 115.45 support will indicate that the uptrend is complete, then deeper decline to 113.00 area could be seen.
