USD/JPY Open 107.36 High 108.14 Low 106.23 Close 106.80
The US Dollar lowered against the Japanese Yen by losing the higths gained from the first day this week. In downward direction support is today's bottom at 106.20, followed by 105.75, and 105.00. Upwards resistance is given by the levels 107.35, followed by 108.15 and 108.70, which are 37.8% and 48.6% respectively Fibonacci correction of the descent 114.55 - 104.85. Break at 110.00 may recover the US Dollar and bring it up towards 113.00
Technical resistance levels: 107.35 108.15 108.70
Technical support levels: 106.20 105.75 105.00
Trading range: 106.70 - 106.05
Trend: Downward
Sell at 106.56 SL 106.86 TP 106.16
Already made +30 pips profit on USD/JPY today from the following signal:
6:08 GMT Sell USD/JPY at 107.09 SL 107.35 TP 106.59 exited at 7:16 GMT.
Total results today +190 pips, yesterday +147, as shown in details at our web site.
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