USD/JPY will drop to 109.45 level

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Positions Today Yesterday % Change
Longs 45% 47% -4.44%
Shorts 55% 53% 3.64%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Sell Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Neutral Neutral
Alligator (13; 8; 5) Buy Sell Sell
SAR (0.02; 0.2) Buy Buy Sell
Aggregate

During the previous trading session, the currency exchange rate broke the previously drawn pattern. Due to the fact, the chart was corrected! 

In regards to the near-term future, most likely the currency exchange rate will depreciate towards the 109.45 level. Besides, the 50.00% Fibonacci retracement level will retrace the rate to pass through the 55-hour simple moving average. 

On the other side, the US Dollar could be supported by the 100-hour simple moving average to stay at the 109.40 level during the trading session.

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