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USDJPY






8/14/2017 12:40:38 AM

USDJPY - Technical Analysis: Monday, 14/08/2017 04:40 GMT



The USDJPY pair continued to decline in the previous sessions but it returns to move above 109.00 barrier, and it might test the important resistance 109.90 before turning back to decline again, affected by the positivity that appears through RSI.

Overall, the bearish trend will remain valid unless the price rallied to surpass 109.90 level and settle above it, reminding you that our next waited target at 107.83.


Target
Risk


Support
Resistance


Trend Bearish

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