USDJPY currency pair recently reversed up from the support area lying between the key support level 109.293 (which has been reversing the price from the start of June), lower daily Bollinger Band and the 50% Fibonacci correction of the upward price impulse from April. The upward reversal from this support area continues the active short-term impulse wave 3. Given the strength of the aforementioned resistance area and the clear multi-month uptrend – USDJPY currency pair can be expected to rise further toward the next resistance level 110.00 (which has been reversing the price from the start of September).