USD/JPY Open 100.57 High 101.90 Low 99.28 Close 100.02
The US Dollar also descended significantly yesterday against the Japanese Yen from Wednesday's top 99.58 to this morning's bottom 103.03, which are the first resistance and support levels respectively for the currency couple today. If the negative trend continues, as we expect for the moment, next support further down is expected at 98.55, followed by 97.70. In upward direction next resistance further up is expected at 103.85, the break of which would open potential rise towards 104.70.
Technical resistance levels: 103.05 103.85 104.70
Technical support levels: 99.30 98.55 97.70
Trading range: 100.50 - 99.85
Trend: Downward
Sell at 100.36 SL 100.66 TP 99.96
Already made +50 pips profit on USD/JPY today from the following signal:
5:55 GMT+1 Sell USD/JPY at 100.33 SL 100.59 TP 99.83 TP reached at 7:12 GMT+1.
Total today +108, yesterday +113, as shown in details at our web site.
