Currency is sandwiched between the moving average 89, 55 and 34 (levels of support 82.20, 82.00 and 81.80) on the one hand, and the average with a period of 144 (the resistance level of 82.50) on the other.MACD histogram is located in the positive zone, but gradually began to decline in the near future can cross its signal line downwards and thereby generate a signal to sell USD / JPY.
Stochastic Oscillator is in the overbought zone and have already filed such a signal, since the% K line falls below the% D.
Because, trust only one clear signal is very risky, then as a confirmation that the forex market in this currency pair may be amplified in bearish mood, we need to wait for the breakdown of the support level of 82.20/15, which will open the path to levels of 81.80 and 81.30.
Otherwise, bidding will continue to be held in the above mentioned price range.
Resistance levels: 82.50/60, 82.80, 83.00/10, 83.50/60
Current price: 82.25
Support levels: 82.15/00, 81.80, 81.50, 81.30, 80.90, 80.60
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