Forex Trading Library

USDJPY 2017-01-30

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As we advised last week, market managed to hold support 112.55 and headed for farther advance above 114.80

Market still facing resistance at 115.60 while support at 113.85

As long as market holding above 113.85 more advance toward 116.80 will be expected

Below 113.85 more drop toward 113.00 may hit the market

  Support Resistance
Level 1 113.85 115.35-60
Level 2 113.00 116.80
Level 3 112.55 117.50
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