USD/JPY 97.99 - 24 March

USD/JPY Open 97.10 High 98.56 Low 95.55 Close 97.15

As expected Dollar/Yen had a rising momentum yesterday. The currency couple reached a peak at 97.34 and closed the day at 97.15. Signals remain ascending in the short term with goals towards the region of 98.80. The nearest support is 97.00. The CCI indicator just crossed up the 100 line on the 4 hour chart, signaling for potential upwards pressure.

Technical resistance levels: 97.00 98.15 99.35

Technical support levels: 97.00 95.45 94.55

Trading range: 97.85 - 98.50

Trend: Upward

Buy at 97.99 SL 97.69 TP 98.39

Already made +50 pips profit on USD/JPY today from the following signal:

5:47 GMT Buy USD/JPY at 98.18 SL 97.92 TP 98.68 exited at 7:44 GMT.

Total today +103, yesterday +210, as shown at www.zifx.com/performance.php