•USD/JPY dipped towards 111.46 yesterday as N.K. Foreign Minister accused Trump of having declared war against them.
•Now the pair is trading around 111.71, down from 112.71, as demand for safe haven increased.
•Support: 111.53-40 [H4 50 SMA and fib 23.6% of the 107.30/112.70 rally] and 111.00 [100 DMA].
•Resistances: 111.80-112.00, 112.40 and 112.71.
•Intraday bias remains bearish as long as the price holds below the 111.80-112.00 resistance area.