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USDJPY






6/6/2017 2:59:57 AM

USDJPY - Technical Analysis: Tuesday, 06/06/2017 06:59 GMT



The USDJPY pair resumes its bearish bias to reach our first target at 109.94, which supports the continuation of the expected bearish trend for the coming period, waiting to break the mentioned level to confirm the continuation of the bearish wave towards 107.88.

Thus, the decline will remain expected unless the price rallied to surpass 112.00 level and settle above it.


Target
Risk


Support
Resistance


Trend Bearish

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