USDJPY - Technical Analysis: Tuesday, 09/05/2017 05:02 GMT

The USDJPY pair succeeded to surpass the correctional bearish resistance line, to reinforce the expectations of more rise in the coming period, as we believe that the door is open to visit 114.54 that represents our next target.

The intraday ascending channel still carrying the price to achieve more gains, noting that breaking 112.80 then 112.00 levels will push the price to decline and turn back to the correctional bearish trend.