USD/JPY
108.00
Market managed to break above resistance zone 107.60-70 which activated farther advance as we advised last week.
as we see over the chart, market facing support at 107.40-50 where as long as market holding above this zone will expect farther advance toward 108.80-90 zone , where from that zone will expect another drop toward 108.00 levels.
as long as market holding daily close below 108.80-90 the downtrend pressure will sustain while any daily close above 108.90 will give farther advance toward 110.00 zone
| Support | Resistence | |
| Level 1 | 107.40-50 | 108.80-90 |
| Level 2 | 106.25 | 110.00 |
| Level 3 | 105.55 | 111.50 |
