Forex Trading Library

USDJPY 2016-07-26

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As we advised before, market managed to head for rop correction toward 104.55 and more , while we advised that this trading zone 104.55 – 107.25 may hold the market untill the coming Fed Rate decision and BOJ monetary statement this week

main support at market at 103.40-60 where as long as market holding above this zone the uptrend wave will sustain

below 103.20 market may head back again to test 100.00-70 zone

  Support Resistence
Level 1 103.40-60 105.50
Level 2 102.50 106.70
Level 3 100.00-70
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