USDJPY - Technical Analysis: Thursday, 03/08/2017 10:09 GMT

The USDJPY pair returns to provide negative trades and test 110.60 level, noting that this level is important to detect the intraday trend, as settling above it will push the price to test 112.00 mainly, while breaking it and moving below it will push trades to resume the main bearish trend, which its targets begin by testing 109.90, noting that breaking this level will extend the pair's losses to reach 107.83.

Thus, it is important to monitor the price according to 110.60 level to confirm the next trend clearly.