USDJPY - Technical Analysis: Tuesday, 28/06/2017 03:35 GMT

The USDJPY pair managed to surpass 112.00 level and close the daily candlestick above it, to confirm extending the bullish wave on the longer term basis, waiting to head towards our next targets, located at 113.00 then 114.54.

The price stability above 112.00 represents the first condition to continue the expected rise, and breaking this level will push the price for potential decline that might reach to 110.50 before turning back to rise again.