USD/JPY Open 81.67 High 81.77 Low 81.15 Close 81.59
On Thursday Dollar/Yen continued increasing with almost 60 pips. The currency couple appreciated from 81.15 to 81.73 yesterday, matching the positive Interbank sentiment at above +9%, closing the day at 81.59. This morning the Dollar pushed slightly further up against the Yen, reaching 81.77. On the 1 hour chart range trading is forming, while on the 3 hour chart quotes are into wider trading range. Break above today's top and nearest resistance 81.77 would encourage further recovery of the Dollar. Immediate support is yesterday's bottom at 81.15, and consistent break bellow it could strengthen the Yen further down towards next target 80.27. There are no major economic events for Japan today. Quotes are moving just above the close 20 and 50 EMA on the 1 hour chart, indicating slim bullish pressure. The value of the RSI indicator is positive and inclining upwards, MACD is positive and tranquil, while CCI has crossed down the 100 line on the 1 hour chart, giving over all long signals.
Technical resistance levels: 81.77 82.64 83.46
Technical support levels: 81.15 80.27 79.43
Already made +22 pips profit on USD/JPY today from the following sent to clients only signal:
5:17 GMTGMT+1 Buy USD/JPY at 81.52 SL 81.26 TP 82.02, exit sent at 10:01 GMTGMT+1.
Total today +123, yesterday +124, as shown in details at http://www.zifx.com/performance-past.php.