Forex

4х hour chart - remains a descending trend. Histogram MACD specifies in possible growth of dollar/yen, but it is necessary pay attention to a number of resistance levels from 97.20 and to 100.00 so to bulls you will not envy, chances at them are small. At the same time for sales there are no accurate signals.

Hour chart.

As we see a descending trading corridor, start up the short-term. Nearest strong levels of resistance - 97.30, 97.80 and 98.00. It is impossible to buy, for sales there are no accurate signals.

Conclusion - in the news name.

Resistance levels: 97.40/50, 97.70, 98.00, 98.30, 98.50, 98.70, 99.00, 99.30 

Current price: 97.16

Support levels: 97.10/00, 96.70, 96.50 96.10/00, 95.70, 95.50 95.30/00