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USDJPY ascending trend. Wait for buy signal

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USDJPY The trend is upward. Currently the pair test the strong level at 118,050 to 118,200, and where are the 3 creeping curves (50, 100 and 200 periods) as breakout will focus on the 61.8 Fibonacci level. Wait breakthrough of 50.0 Fibonacci level, which will give us longov signal.

In the longer term the dollar remains supported by expectations of an increase in interest rates by the Federal Reserve. In Japan, meanwhile, the Prime Minister announced that it will continue its policy to stimulate the economy, which also supports the movement.

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