Yesterday: Open 81.68 High 82.23 Low 81.47 81.68 Close

By early European trading session yesterday, the movement of the Yen has been bullish until you reach the highest level at 82.23 daily, several times the first test resistance level at 81.95 and was even past the second resistance level at 82.22. Next yen freefall down to the lowest level at 81.47 daily.

Overall daily high low range yen yesterday around 75 pips.

Currently, the visible movement of yen bullish. Formed potential head and shoulder pattern visible.

The focus of today's economic data for USD / JPY is:
1. JPY Monetary Policy Statement "tentative"
2. JPY Overnight Call Rate "tentative"
3. JPY All Industries Activity m / m in at 11:30 pm
4. JPY BOJ Press Conference "tentative"

If the rise continues, prices likely headed to the resistance level is 81.99 and 82.22.

We recommend that if berkelanjut decreased and the trend line through the diagonal, then the price opened up opportunities leading to the 81.24 support level.

Prices shown on the graph H1 line MA05 and MA10 in bullish conditions.

While the Stochastic indicator indicating a bullish opportunity is limited.