USD/JPY remains below 109.60

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs36%36%2.6%
Shorts64%64%-1.5%
Indicator4H1D1W
MACD(12;26;9)SellBuyBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)BuyNeutralNeutral
Alligator(13;8;5)SellBuyBuy
SAR(0.02;0.2)SellBuySell
Aggregate

The USD/JPY currency pair failed to break the resistance level at 109.70 on Thursday. As a result, the US Dollar declined by 43 pips or 0.39% against the Japanese Yen during Thursday's trading session.

As for the near future, the exchange rate could continue to trade within the 109.75/109.20 levels.

However, technical indicators suggest that the currency exchange rate is likely to continue to trend bearish during the following trading session.

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