USDJPY 2016-08-08

Aug 08, 11:34 am

As we see over our previous chart, we advised the above 102.00 market may add more rebound where second resistance at 102.85 zone

market managed to break above 102.00 after US labor market data last Friday which may drive more advance

as long as market holding trades below resistance 102.85 the downtrend wave will back to head toward 99.00-50 zone

above 102.85 market may add more advance toward (103.80 – 104.00) zone

  Support Resistence
Level 1 101.60 102.85
Level 2 100.70 104.00
Level 3 99.00-50 105.20
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