USD/JPY breaks 61.80% Fibo

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Positions Today Yesterday % Change
Longs 48% 40% 16.67%
Shorts 52% 60% -15.38%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Sell Buy
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Neutral Neutral
Alligator (13; 8; 5) Buy Sell Buy
SAR (0.02; 0.2) Buy Sell Buy
Aggregate

The US Dollar appreciated 0.37% against the Japanese Yen since Friday's session. During the previous trading session, the rate was supported by the 55-hour SMA to stop the trade at 112.35. On Monday, the US Dollar broke the resistances of the monthly PP at 112.60 and the 61.80% Fibo to trade at the 112.72 mark. 

In regards to the near-term future, most likely, the US Dollar will be supported by the 61.80% Fibo to trade at 112.80 level on Monday. However, the surge will not be significant due to a lack of any fundamental news during the trading session. 

On the other side, the rate might get resisted by the 61.80% Fibo to trade at 112.50 level during the day.

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