USD/JPY 106.52 - 3 July

USD/JPY Open 106.07 High 106.74 Low 105.01 Close 105.90

The US Dollar started rising today against the Japanese Yen from yesterday's bottom 105.81 to the top 106.74, which are the first support and resistance levels respectively for the currency couple today. If the positive trend continues, next resistance further up is expected at 107.35, the break of which would open potential rise towards 108.00. In downward direction next support is expected at 105.00, followed by 104.50.

Technical resistance levels: 106.75 107.35 108.00

Technical support levels: 105.80 105.00 104.50

Trading range: 106.65 - 106.00

Trend: Downward

Sell at 106.52 SL 106.82 TP 106.12

Already made +26 pips profit on USD/JPY today from the following signal:

6:00 GMT+1 Sell USD/JPY at 106.17 SL 106.43 TP 105.67 exited at 7:43 GMT+1.

Total today +107, yesterday +150, as shown at www.zifx.com/performance.php