USDJPY Weekly Analysis – December 31, 2017

USDJPY moved sideways in a trading range between 110.84 and 114.73. As long as 110.84 support holds, the sideways move could be treated as consolidation of the uptrend from 107.31, and another rise to test 115.50 resistance is still possible after the consolidation. On the downside, a breakdown below 110.84…
Source: USDJPY Weekly Analysis – December 31, 2017