Dollar/Yen did not make significant movement yesterday, having tried to do correct upwards after the second test of 93.20, but expectations are for a break of the resistance level 94.00, and reaching 94.50, after which the couple may return to the 91.15 level, if the currency couple fails to hold above 94.00. Today BOJ decided to keep the main interest rate unchanged at 0.10 percent, as expected. Later today will be announced BOJ's monthly economic report.
Technical resistance levels: 994.00 95.05 94.50
Technical support levels: 92.10 91.15 90.30
Trading range: 93.50 - 94.10
Buy at 93.60 SL 93.30 TP 94.00
Already made +26 pips profit on USD/JPY today from the following signal:
5:48 GMT Buy USD/JPY at 93.37 SL 93.11 TP 93.87 exited at 8:04 GMT.
Total today +109, yesterday +89, as shown at www.zifx.com/performance.php