USDJPY

The pair returned above 110.00 handle on Tuesday but recovery so far stays capped by descending 10SMA which formed Death Cross on break below 200SMA on Friday.
Prevailing bearish tone on daily chart keeps the downside at risk and sees limited recovery action before fresh weakness.
Cluster of strong barriers, starting with 10SMA (110.25) and daily Tenkan-sen / 200SMA (110.41/50) is expected to ideally cap, however, daily cloud twist today may attract for extended recovery action.
Only sustained break above 111.00 barrier would signal stronger retracement of 114.36/109.11 fall.

Res: 110.25; 110.41; 110.50; 111.11
Sup: 109.77; 109.62; 109.38; 109.11