USDJPY 2016-05-24

May 24 2016, 11:34 am

USD/JPY

109.60

As we mentioned yesterday, if market managed to hold support of 109.10-20 another rebound movement toward 110.00-25 zone may be expected

above 110.60 market may sustain advance toward 111.20 and 111.65

below 109.10 market may back again to test 108.20-30 support where below this support expect 107.40-50 zone

  Support Resistence
Level 1 109.10-20 110.25-50
Level 2 108.20-40 111.20
Level 3 107.40-50 111.60-85
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