Forex Trading Library

USDJPY 2017-01-18

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USDJPY managed to add more drop movement toward 112.60 before market ease demand on safe haven

Market now facing resistance levels at 113.75 and 114.40 where as long as market holding below one of those levels more drop will be expected toward 111.50 zone

Above 114.40 more advance toward 115.25-60 zone

  Support Resistance
Level 1 112.55 114.40
Level 2 111.50 115.25-65
Level 3 110.50 116.80
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