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The pre-planned break-out variant for sales has been implemented with achievement of minimal anticipated target. OsMA trend indicator, having marked this week`s Low by formation of bullish topping signal with further relative rise of buying activity without signs of choice for planning priorities, gives grounds favoring further rate correction period within the case of downside channel with continuing trend for further rate decline. Hence, we can assume probability of rate return to close 1,3930/50 resistance range levels, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term sales on condition of the formation of topping signals the targets will be 1,3860/80, 1,3820/30 and (or) further break-out variant up to 1,3760/80, 1,3700/20, 1,3640/60. The alternative for buyers will be above 1,4000 with the targets of 1,4040/60, 1,4100/20.
USD/JPY
The pre-planned break-out variant for sales has been implemented with achievement of anticipated targets. OsMA trend indicator, having marked essential bearish activity rise at the break of key supports, gives grounds in favor of bearish priority for planning of trading operations for today. Nevertheless, we can assume probability of test of Kijun line in Ichimoku indicator contained in 93,60/80 levels, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term sales, on condition of the formation of topping signals the targets will be 93,00/20, 92,20/40, 91,60/80 and (or) further break-out variant up to 91,00/20, 90,40/60, 89,80/90,00. The alternative for buyers will be above 95,20 with the targets of 95,60/80, 96,20/40.
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