USDJPY 2017-01-16

Jan 16 2017, 11:52 am

as we see over our previous chart, and as we advised last week

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 1 113.75 115.25-65
Level 2 113.10 116.80
Level 3 112.00 117.50
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