USDJPY - Technical Analysis: Thursday, 24/08/2017 04:17 GMT

The USDJPY pair continued to retreat yesterday to approach from the important support 108.60, reminding you that breaking this level is required to confirm extending the bearish wave to reach 107.83.

As long as the price is below 109.90, the negative pressure will remain valid in the coming period, as surpassing this level will lead the price to achieve intraday rises that target 111.00 then 112.00.