Currency entrenched above the moving averages with periods of 89, 55 and 34 (now it's several levels of support 82.20, 82.00 and 81.80), but still is below average with a period of 144 (the resistance level of 82.50).MACD histogram is located in the positive zone and above its signal line, continues to gradually rise, and thus sends a signal to buy USD / JPY.
Stochastic oscillator entered the overbought zone and forms a similar, but not yet a clear signal as the% K line only crossed the line% D from the bottom up, but not yet started to rise above it.
Therefore, as a confirmation of what the forex market in a given currency pair again could intensify bullish sentiment, we can only wait for the breakdown of the resistance level of 82.50/60, which will open the path to levels of 83.00/10 and 83.50/60.
Resistance levels: 82.50/60, 82.80, 83.00/10, 83.50/60
Current price: 82.34
Support levels: 82.15/00, 81.80, 81.50, 81.30, 80.90, 80.60
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