USD/JPY 107.84 - 26 June
The US Dollar climbed yesterday against the Japanese Yen from yesterday's bottom 107.65 to the top 108.32, which are the first support and resistance levels respectively for the currency couple today. The Yen continues to consolidate in narrow range between the above two levels. If the negative trend continues, next support further down is expected at 107.00, the break of which would open potential drop towards 106.30. In upward direction next resistance is expected at 109.10, followed by 110.00.
Technical resistance levels: 108.30 109.10 110.00
Technical support levels: 107.65 107.00 106.30
Trading range: 107.95 - 107.30
Sell at 107.84 SL 108.14 TP 107.44
Already made +19 pips profit on USD/JPY today from the following signal:
6:00 GMT+1 Sell USD/JPY at 107.98 SL 108.24 TP 107.48 exited at 9:31 GMT+1.
Total today +129, yesterday +123, as shown at www.zifx.com/performance.php