Forex Trading Library

USDJPY 2016-08-26

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we still holding our previous model

Market still holding trades inside our last predicted trading zone where Dollar/Yen managed to test support level of the triangle where a rebound correction toward 100.80-90 is expected as long s market holding above 99.80

below 99.80 market may head for farther drop toward 97.90 while will face another support on the way at 99.00

above 100.90 market will face another resistance at 101.45-55

  Support Resistence
Level 1 99.80-90 100.60-80
Level 2 99.00 101.45
Level 3 97.90 102.65-85
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