USDJPY 2016-08-01

Aug 01 2016, 10:43 am

As we explained last week after BOJ decision

market now facing support zone at 101.50-75 which may drive for rebound correction toward 103.50 – 104.00 zone

below 101.50 market may add more drop to re-test support zone 99.00-50 while below this zone the old target for mid-run wave will back to stage toward 94.90

  Support Resistence
Level 1 101.50-75 102.70
Level 2 100.00 104.00
Level 3 99.00 105.60
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