USDJPY - Technical Analysis: Tuesday, 11/04/2017 05:38 GMT

The USDJPY pair continues to retreat after the rise that appeared in the previous sessions, to approach from our first target at 109.94 again, reminding you that this level represents 50% Fibonacci correction for the rise from 101.21 to 108.66, thus, breaking it will push the price to visit the next correctional level at 107.88.

Overall, we expect the domination of the bearish trend unless surpassing 112.00 level and settling above it.