Forex Trading Library

USDJPY 2016-09-07

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Market managed to retreat from 104.25-45 zone toward 101.75 as expected , while market managed to fell below that zone which may provide farther drop toward 100.00-50 zone

market may head for rebound correction as long as market holding above 100.00-50 support zone, where resistance levels at 103.25 and 104.00

below 100.00 market will face 99.00 support level

  Support Resistence
Level 1 100.00-50 102.15-45
Level 2 99.00 103.25
Level 3 96.90 104.00
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