USDJPY - Technical Analysis: Wednesday, 31/08/2017 03:41 GMT

The USDJPY pair continued to rise yesterday to surpass 109.90 level and keeps rallying to the upside to approach from the first positive target at 111.00, confirming the turn to rise on the intraday basis, reminding you that surpassing the last level will extend the pair's gains to reach 112.00.

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