USDJPY 2016-04-04
USD/JPY
111.58
As we see over the chart, market managed to sustain drop toward our target 111.35 while market now facing 2 scenario
as long as market holding above 111.35 the market will have chance for rebound correction toward 112.60-80
below 111.35 market may sustain drop to test 110.50 where from there expect another rebound correction
Support | Resistence | |
Level 1 | 111.35 | 112.05 |
Level 2 | 110.50 | 112.60-80 |
Level 3 | 110.00 | 113.50-70 |