USDJPY - Technical Analysis: Wednesday, 05/04/2017 06:31 GMT

The USDJPY pair showed some slight rise yesterday and shows negative signals now, to support resuming the decline today, as we are waiting to test 109.94 that represents our first target, which represents 50% Fibonacci level for the rise from 101.21 to 118.66.

RSI shows negative signals that support the expected decline, reminding you that settling below 112.00 represents the most important condition to continue the bearish trend.