Dollar/Yen ascended on Friday. On the 1 hour chart the triangle formed was penetrated upwards, assuming future bullish movement continuation. Good resistance is represented by the 98.70 level. Break above this level may trigger further bullish momentum towards next objective 99.80. Immediate support is seen in 97.90. The CCI indicator has crossed up the 100 line on the 1 hour chart, assuming potential ascending pressure.
Technical resistance levels: 98.70 99.80 101.00
Technical support levels: 97.90 96.00 95.85
Trading range: 98.35 - 98.70
Sell at 98.23 SL 98.53 TP 97.83
Already made +3 pips profit on USD/JPY today from the following signal:
5:42 GMT+1 Sell USD/JPY at 98.33 SL 98.59 TP 97.83 exited at 5:46 GMT.
Total today +163, on Friday +134, as shown at www.zifx.com/performance.php