USDJPY 2016-02-04

Feb 04, 12:31 pm



Japanese Yen also got benefit from Dollar sell off where managed to break below 118.50 which may lead for farther drop for the dollar/yen pair

market still facing support zone 115.60-116.20 as base support where as long as market holding above this zone we may expect another rebound toward 120.50-75 zone

below 115.60 market may enter new downtrend wave where pressure may lead for 113.50 as first target

Level 1117.05118.25-50
Level 2116.20119.35
Level 3115.60120.00-50
(Visited 4 times, 1 visits today)