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25.05.2018 11:43 AM
Control zones of the currency pair USD / JPY for May 25, 2018

Yesterday, the pair tested a weekly short-term fault of 109.44-109.25, which led to the emergence of demand. To date, the range is limited to the specified zone from below and NCP 1/2 110.00-109.90 from the top. While the pair is trading in the specified range, the downward movement will remain impulsive, and the probability of updating the weekly minimum will be 70%. To confirm the decline, the closure of today's US session is required below the level of 109.25. This will keep open sales to the next support zone for the NCP 1/2 108.30-108.21. Advantageous sales prices are within the limits of the NCP 1/2 110.00-109.90, the test of which will determine the further priority.

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If the drop continues from current marks, then the next search for sales will already be at less favorable prices at the beginning of next week. To cancel the downward movement, a breakdown and the closure of today's US session above 110.00 level will be required. This will open the way for growth to the May maximum. It is important to note that today, the probability of this model is 30%, which allows you to consider this level for setting a limit order for sale. The size of the stop must be correlated with the number of points, in case the price falls to the NCP 1/2 108.30-108.21 in order to make the sale profitable. This ratio should not be less than 1k3.

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Samanta Kruder,
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