USDJPY - Technical Analysis: Monday, 22/05/2017 07:05 GMT

The USDJPY pair moves within narrow range and still stable below 112.00, thus, the bearish trend still expected, as RSI loses the bullish momentum gradually to support the chances of resuming the expected decline, waiting to visit 109.94 level as a next target.

Breaking the mentioned level will push the price to visit the next correctional level at 107.88, while surpassing 112.00 will stop the current decline and push the price towards 114.54 on the near term basis.