USD/JPY could trade at 108.40

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Positions Today Yesterday % Change
Longs 49% 48% 2.04%
Shorts 51% 52% -1.96%
Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Sell Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Neutral Neutral
Alligator (13; 8; 5) Sell Sell Sell
SAR (0.02; 0.2) Sell Buy Sell
Aggregate

During Thursday's trading session, the rate depreciated to 108.40, as it was expected. On Friday morning, the US Dollar appreciated against the Japanese Yen to the 108.93 mark. 

Most likely, the US Dollar will depreciate against the Japanese Yen to trade between the weekly S2 at 108.71 and the 38.20% Fibonacci retracement level. 

On the other hand, the currency exchange rate could break through the resistance of the weekly S1 at 109.14 during today's US Dollar during today's US Employment data sets release at 13:30 GMT.

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