USDJPY - Technical Analysis: Wednesday, 15/03/2017 09:08 GMT

The USDJPY pair still stable above 114.54 level, and the price moves within narrow track recently, while the exponential moving average 100 still providing the positive support to the price, to continue expecting the bullish trend on the short term basis, noting that our next target is located at 118.66.

We remind you that breaking 114.54 will push the price to turn back to the correctional bearish track, which its next target located at 112.00.