14.09.2016
USDJPY
The pair has overpassed 103.00 resistance level against the backdrop of the Fed being likely to raise the interest rates and hopes that BOJ is also going to extend the expansionary measures.
The price is on the upper Bollinger band, higher than SMA 5 and SMA 4. RSI is rising. Stoch are entering the overbought zone.
Trading recommendations: Buy the pair when it probably rolls back to 103.00 with the possible target of 104.10.
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