USDJPY 2016-12-08

Dec 08, 12:18 pm

as we advised yesterday and as we see over our previous chart

Japanese Yen sustain drop against US Dollar while USDJPY retreat below (113.30) which may be a first sign of farther drop correction toward (111.60-80) latter

Short-Run facing resistance level at (114.80) where as long as market holding below another drop wave may hit market toward (111.60-80)

Above (114.80) more advance toward (116.00-20) may hit the market.

  Support Resistance
Level 1 112.90 114.80
Level 2 111.60-80 116.00-25
Level 3 110.80 116.80
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