USD/JPY
There was no decisive breakout of the pair up, which we expected yesterday, did not happen. The price remained at the signal level of 107.78. The day's low tested the support of the price channel, the closing of the day took place above the balance indicator line (daily). But the price still does not give up. Today we are waiting for a second attempt to go above the signal level and further growth of the dollar against the yen. Target at 108.30.
The price currently overcomes the resistance of the MACD indicator line (blue line) on the four-hour chart, the signal line of the Marlin oscillator is in the zone of positive values - in the growth trend zone. Patiently waiting for the price to increase.
