USD/JPY breaks medium pattern at 111.00

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs43%47%-7.4%
Shorts57%53%5.7%
Indicator4H1D1W
MACD(12;26;9)BuySellSell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralSellNeutral
Alligator(13;8;5)BuySellSell
SAR(0.02;0.2)BuyBuyBuy
Aggregate

During Friday's trading session, the currency exchange rate was supported by the 200-hour simple moving average to break the resistance of the 61.80% Fibo to end the day at 110.80. On Monday morning, the rate broke through the medium pattern line to be located at the 111.05 mark. 

In regards to the near-term future, most likely, the rate will continue to surge towards the weekly R1 at the 111.32 mark.  

However, today's US Retail Sales release at 12:30 GMT might depreciate US Dollar against the Japanese Yen to push the rate to end the day near the weekly pivot point at the 110.91 mark.

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