USDJPY Daily Analysis For February 6

USDJPY remains in the uptrend from 108.49.

USDJPY remains in the uptrend from 108.49.

Further rise could be expected after a minor consolidation and next target would be at 111.50 area.

Near term support is at 109.40, only a breakdown below this level could bring the price back to 108.00 area.

USDJPY 4-hour chart

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