USDJPY 2016-07-22

Jul 22, 4:06 pm

Market managed to obtain daily close below 107.00 which may hold short-run trading zone between 104.60 – 107.45 for the coming few days 

as long as market holding below 107.25-45 another drop movement will be expected to test 104.55 zone before market sustain this trading ahead of BOJ Monetary Policy Statement next Friday

while will expect aftre that the uptrend to continue toward 110.00 zone

downtrend risk will rise below 103.20 where maret may add more drop toward 100.00-70 zone

Level 1105.40107.00-25
Level 2104.50108.00-50
Level 3103.40-60
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