USDJPY - Technical Analysis: Sunday, 10/07/2017 03:06 GMT
The USDJPY pair managed to surpass 114.00 barrier and build support ground above it, to support the continuation of the bullish trend that its next target located at 114.54, noting that it is important to monitor the price when reaching this level, as surpassing it will push the price to head towards end-of-last-year recorded top at 118.66.
The continuation of the expected rise requires settling above 112.55 and 112.00 levels.
Trend
Bullish