USD/JPY 106.10 - 5 June
The US Dollar continued climbing against the Japanese Yen today, from yesterday's bottom at 104.57 to today's top 106.22, 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 107.00, the break of which would open potential climb towards 107.80. In downward direction next support for today is expected at 103.90, followed by 103.00.
Technical resistance levels: 106.20 107.00 107.80
Technical support levels: 104.55 103.90 103.00
Trading range: 106.00 - 106.60
Buy at 106.10 SL 105.80 TP 106.50
Already made +50 pips profit on USD/JPY today from the following signal:
6:00 GMT+1 Buy USD/JPY at 105.52 SL 105.26 TP 106.02 TP reached at 9:10 GMT+1.
Total today +117, yesterday +145, as shown at www.zifx.com/performance.php