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USDJPY






8/17/2017 12:25:23 AM

USDJPY - Technical Analysis: Thursday, 17/08/2017 04:25 GMT



The USDJPY pair fell under strong negative pressure after failing to surpass 111.00 level yesterday, to attack the important support 109.90 and begins breaking process to this level, indicating the price head to return to the bearish trend again, which its next target located at 107.83.

Thus, the bearish trend will be expected in the coming period unless the price managed to rally to the upside to surpass 111.00 level and settle above it.


Target
Risk


Support
Resistance


Trend Bearish

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