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USDJPY






8/28/2017 12:23:23 AM

USDJPY - Technical Analysis: Monday, 28/08/2017 04:23 GMT



The USDJPY pair shows clear negative trades after approaching from testing 109.90 level recently, on its way towards the important support 108.60, reminding you that we are waiting to break this level to confirm extending the bearish wave towards 107.83.

Thus, the bearish trend will remain expected in the coming period, noting that surpassing 109.90 will stop the expected decline and push the price to head towards 111.00 initially.


Target
Risk


Support
Resistance


Trend Bearish

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