USDJPY - Technical Analysis: Tuesday, 15/08/2017 04:31 GMT

The USDJPY pair achieved strong gains today to surpass 109.90 level and settles above it, opening the door to turn to rise on the intraday basis, to head towards potential test to 111.00 level initially, noting that surpassing this level will push the price towards 112.00 as a next target.

Thus, we expect witnessing more rise in the coming period unless the price managed to break 109.90 and settle below it again.