Exchange rate is below the moving averages with periods of 55, 89 and 144 (number of levels of resistance 81.30, 81.70 and 82.00), but slightly above average with a period of 34 (80.60 support level).MACD histogram crossed the zero line from the bottom up, now located in the positive zone and above its signal line, but moves parallel to the axis of time and is not currently send a clear signal.
Stochastic Oscillator is in the neutral zone and generates a signal to sell USD / JPY, as 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 support level 80.60/50 (lower border of the triangle), which will open the path to levels of 79.50 and 78.50.
Otherwise, bidding will continue to take place within the triangle.
Resistance levels: 81.30, 81.60/70, 82.00, 82.20, 82.50
Current price: 80.89
Support levels: 80.60/50, 80.10/00, 79.70, 79.50, 79.10/00
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