USD/JPY could get supported by 55-hour SMA

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs39%36%8.4%
Shorts61%64%-5.4%
Indicator4H1D1W
MACD(12;26;9)SellBuySell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)SellNeutralSell
Alligator(13;8;5)SellBuyNeutral
SAR(0.02;0.2)BuyBuyBuy
Aggregate

During Monday's trading session, the currency exchange rate broke through the resistance of the 55-hour simple moving average to stay at the 111.00 level as it was predicted! On Tuesday morning, the rate was resisted by the 100-hour SMA to be located at the 111.37 mark. 

Most likely, the 100-hour simple moving average will retrace the rate to depreciate to the 111.00 level.  

On the other hand, the 55-hour simple moving average might support the US Dollar during today's US Consumer Price Index and Core Consumer Price Index data release at 12:30 GMT to push the rate to end the trading session below the weekly pivot point at the 111.37 mark.

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