USD/JPY breaks most technical indicators

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Positions Today Yesterday % Change
Longs 46% 46% 0.00%
Shorts 54% 54% 0.00%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Sell Buy
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Sell Neutral Neutral
Alligator (13; 8; 5) Buy Sell Buy
SAR (0.02; 0.2) Buy Buy Buy
Aggregate

During Monday's trading session, the rate broke the resistances of the simple moving averages to end the trading day at the 112.30 mark. On Tuesday morning, the US Dollar broke the resistances of the three technical indicators to trade above the weekly R1 at the 112.83 mark. 

In regards to the near-term future, most likely, the US Dollar will move upside towards the weekly R2 at 113.56 due to the support of the weekly R2 at 112.73 and the support of the 61.80% Fibo at 112.72. 

Besides, none of the technical indicators and official fundamentals could prevent the currency exchange pair from the surge on Tuesday.

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