Forex Trading Library

USDJPY 2017-01-13

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

USDJPY still have room for the current drop wave correction which may reach 111.50-112.00 zone

Main resistance at 115.25-65 where as long as market holding below the correction wave may sustain to test 111.50-112.00 zone

Above 115.65 more advance toward 116.85 and 117.50 may hit the market

 

  Support Resistance
Level 1 113.75 115.25-60
Level 2 113.10 116.80
Level 3 112.00 117.50
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