USD/JPY Open 80.05 High 80.67 Low 79.96 Close 80.94 Now 80.27

On Friday Dollar/Yen decreasing insignificantly with 70 pips, not matching the positive Interbank sentiment at over +14%. The currency couple depreciated from 80.67 to 79.96 on Friday, closing the week at 79.99. This morning the Dollar is trading quietly against the Yen, and at the lower end of Friday's range. On the 1 hour chart trading has moved into a range, while on the 3 hour chart quotes are moving within wider trading range. Break above Friday's top and nearest resistance 80.67 would encourage further recovery of the Dollar. Immediate support is Friday's bottom at 79.96, and consistent break bellow it could strengthen the Yen further down towards next target 79.10. Today were Japan Leading and Coincident indicators composite index, both at 5 GMT. Quotes are moving above the 20 and bellow the 50 EMA on the 1 hour chart, indicating short term bullish and medium term bearish pressure. The value of the RSI indicator is positive and lifting, MACD is negative and inclining upwards, while CCI has crossed up the 100 line on the 1 hour chart, giving overall light long signals.
Technical resistance levels: 80.67 81.53 82.40
Technical support levels: 79.96 79.10 78.27

Trading range: 80.10 - 80.75
Trend: Upward
Buy at 80.21 SL 79.91 TP 80.61

Already made +19 pips profit on USD/JPY today from the following signal:
5:30 GMT+1 Sell USD/JPY at 80.21 SL 80.47 TP 79.71, exit sent at 8:10 GMT+1.
Total today +123, on Friday +132, as shown in details at