USD/JPY passes 50.00% Fibo at 112.16

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Positions Today Yesterday % Change
Longs 36% 32% 11.11%
Shorts 64% 68% -6.25%
Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Sell Buy
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Neutral Neutral
Alligator (13; 8; 5) Sell Sell Buy
SAR (0.02; 0.2) Sell Sell Buy
Aggregate

During the previous trading session, the US Dollar passed through the support level of the monthly S1 at 112.47 mark to end the trading day near the 50.00% Fibonacci retracement level. 

Most likely, the US Dollar will get retraced by the resistance level of the monthly S1 at 112.47 mark to pass through the support level of the ascending dominant pattern line to trade at the 111.80 level. 

On the other hand, during today's US FOMC meetings at 19:00 GMT, the rate could break the resistances most of the technical indicators to trade at the 112.80 level.

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