Quarterly December 2014 Dollar Yen

As written in the latest quarterly analysis, the breakout  of 104.32 has determined the birth of a new uptrend.

In the quarter July to September 2014, the dollar has made a top at 109.84 and closed at 109.64.

The next quarter, ‘ an important Set Up :  the breakout  of 110.05 would strengthen the positivity’ in progress with dynamic and static resistance at 123.30. While breaking 100.85 will be ‘a strong negative signal for the dollar although’ supported by the first dynamic media 99.80

Important will ‘monitor the end of the quarter to December 2014 to assess the “gravitational” action (Set Up of Closing) the next quarters of 2015.

Massetti Francesco

FRANCESCO MASSETTI