USDJPY - Technical Analysis: Wednesday, 16/08/2017 04:34 GMT

The USDJPY pair continued its rise to reach the first waited target at 111.00, waiting to surpass this level to confirm opening the door to head towards 112.00.

Overall, settling above 109.90 keeps the bullish trend expected for the coming period, noting that breaking this level will push the price to return to the main bearish trend again.