USD/JPY is supported by 55-hour SMA

Note: This section contains information in English only.
Source: Dukascopy Bank SA
 Positions Today Yesterday Change
 Longs 34% 38% -11.8%
 Shorts 66% 62% 6.1%
       
 Indicator 4H 1D 1W
 MACD(12;26;9) Buy Buy Sell
 RSI(14) Neutral Neutral Neutral
 Stochastic(5;3;3) Neutral Neutral Sell
 Alligator(13;8;5) Buy Buy Sell
 SAR(0.02;0.2) Sell Sell Buy
 Aggregate

During Monday's trading session, the 55-hour simple moving average supported the rate to end the trading session at 111.80. On Tuesday morning, the currency exchange rate was located at the 111.93 mark.  

In regards to the near-term future, most likely, the 55-hour simple moving average will continue to support the US Dollar to push the rate to trade sideways at the 112.00 level. 

Note, due to the fact that the previously drawn pattern was broken, the chart was fully reviewed to draw a new pattern!

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