Neutral Trend

USDJPY is struggling in a battle between both market forces (bulls and bears) the instrument has a trading range to break. Any four hours close above (88.11) will open the way for a little push upward to test the resistance level at (88.23), and a four hours close below (86.82) will let the instrument test the next support level at (86.75).

Currency Daily Profile

Daily 200 SMA 90.59 (Down)

Daily 100 SMA 91.05 (Down)

Daily 50 SMA 89.47 (Down)

Daily Stochastic 67.36 (Neutral)

10 Days ATR 0.88

chart

Important Price Levels
Resistance 87.71 87.95 88.23 88.45 88.69
Support 87.25 87.01 86.75 86.33 85.90