USDJPY 2016-05-04

May 04, 11:34 am

USD/JPY

106.70

As we see over our previous chart, market managed to obtain rebound correction toward 106.60 and 107.46

as long as market holding below 107.80 will expect farther drop where trading zone may take place between 105.15 – 107.40

while as long as market holding below 107.80 the short-run downtrend pressure will sustain

  Support Resistence
Level 1 105.15-25 107.60-70
Level 2 104.10 108.50
Level 3 103.55 109.45
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