tradesix.blogspot.com Battling around 124.00. The USD/JPY pair fell back underneath the 124.00 figure as the dollar went under offering weight with the European opening. The pair tumbled down to 123.67 preceding ricocheting back towards the 124.00 locale on the back of US job information, and the 1 hour graph demonstrates that the cost recuperated over its 200 SMA, whilst the specialized markers head pointedly higher and are crossing their mid-lines towards the upside. In the same outline, the 100 SMA gives an in number element resistance around 124.10, with no less than a flame opening above it needed to affirm another leg higher. In the 4 hours diagram, on the other hand, the specialized pointers are heading marginally higher underneath their mid-lines, proposing there's small purchasing enthusiasm at the time being and affirming the shorter term view.
Bolster levels: 123.65 123.30 122.90
Resistance levels: 124.10 124.45 124.90
