Yesterday Dollar/Yen made hesitating movement, opened and closed the day at almost the same price - at 91.86 and 91.73. On the daily chart the secondary upper trend line no longer performs the strong resistance functions. Earlier this morning it was penetrated upwards, which may lead to further increasing momentum towards the region of 92.80. The first resistance is represented by yesterday's top 92.75 level. The CCI indicator is in the overbought zone and downwards towards the 100 line on the daily chart.
Technical resistance levels: 92.75 93.05 94.25
Technical support levels: 90.55 89.30 88.00
Trading range: 92.05 - 91.40
Sell at 91.94 SL 92.24 TP 91.54
Already made +13 pips profit on USD/JPY today from the following signal:
5:45 GMT Buy USD/JPY at 92.41 SL 92.15 TP 92.91 exited at 6:01 GMT.
Total today +160, yesterday +152, as shown at www.zifx.com/performance.php