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| USD/JPY Today |
Today, the pair USD/JPY traded with high volatility, the bulls once again show good interest in long positions. On the daily chart we can see a long side trend. As previously predicted, after the bears come close to the lower limit outset (101.40), the price once again groped support and slowed down, where the market in good time the bulls are back, showing the pulse movement chipped from the bottom edge. Development of the plot for the next trading days may be so - it's possible we will continue to watch the bull market interest fades with swing. The primary mark, where possible, the bulls will be under pressure bears it- 102.65, where the upper limit outset.
Today the economic calendar traders should expect a number of important economic news from the U.S. 16:30 MSK (14:30 GMT-2) in the U.S. was to publish an index of retail sales forecast is 0.6% Previous 0.7% value (monthly) 16:30 MSK (14 : 30GMT-2) in the U.S. was to publish the import price index forecast is 0.3% Previous 0.6% value (monthly) 16:30 MSK (14:30 GMT-2) in the U.S. was to publish data on retail sales forecast is 0, 4% of the previous value of 1.2% (monthly)
Key resistance levels Zone: 102.65; 103.70; 103.70 support area: 102.00; 101.40; 100.60
Signals
Buying a pair is recommended at a price above 102.40 with the prospect of running to around 102.65.
Sale pair is recommended only after the bear interest, supposedly near the upper limit of 102.65 with the prospect of running to around 102.00.
