Forex Trading Library

USDJPY 2016-04-20

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USD/JPY

109.15

As we see over our previous chart, so far USDJPY still holding trades inside our expected zone between (107.70 – 110.05)

as long as market holding above (107.70) will expect another rebound correction toward 110.05 before market resume drop wave toward (106.60)

if market managed to break below (107.60-70) before testing (110.05) in this scenario market may head to test (106.60) and (105.20) zone

  Support Resistence
Level 1 108.70 109.55
Level 2 108.10 110.05
Level 3 107.70 110.70
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