USDJPY - Technical Analysis: Friday, 19/05/2017 05:48 GMT

The USDJPY pair showed recovery attempts yesterday to approach from testing the important resistance 112.00, but it returns to decline now, indicating heading towards our next target at 109.94, which keeps the bearish trend expected and dominant for today.

We remind you that breaking 109.94 will push the price to visit 107.88 as a next target, while surpassing 112.00 will lead the price for more recovery and visit 114.54 level on the near term basis.