The price action of Usdjpy pair has been trading with a bullish bias inside fifteen minutes chart and the up Trend looks good. Price action is stepping up, and Bullish Trend looks quite strong. Key support level is present at 109.47 price area, based on most recent swing low in 15 minutes chart of USDJPY.

For the Japanese Yen on Wednesday, there was no news came out for the Yen. According to the Forex analysis; USDJPY bullish trend could move price towards next resistance target at 109.90 with reference to the up trend, Forex traders should consider only buy trades. However; price could breaks and closes a bearish candlestick below 109.47 support level then this will end the bullish trend. From this time forward, Forex traders must seize the opportunity to stop trading and re-assess USDJPY in 15 minutes time frame.