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| Technical Outlook for USD/JPY 24-6-2015 |
Usd/Jpy pair moved yesterday in the average price movement of 84 Pips, it recorded the highest level at 124.18 and the lowest levels at 123.34 levels and closed at 123.92 to Gain 56 pip According to positive economic data from USA
The pair opened today at 123.92 oscillatory between the 123.75 and 124.10 levels during the Asian session in a trading average of 35 pips for the limitation of the market liquidity.
And we saw yesterday the pair achieved our target at 123.95
It is expected that the pair Usd against the Jpy will go to targeted level at 124.60 in the next few hours.
And today at 13:30 we are looking for Final GDP q/q from USA.
And the Relative Strength Indicator "RSI" show us accumulation operations at the market and the control of Bulls on the market
Medium term trend: up
Support levels: 123.44 and 122.97 and 122.60
Resistance levels: 124.28 and 124.65 and 125.12
For More Technical Outlook FxStations
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