USDJPY 2017-01-31

Jan 31, 12:19 pm

as we advised yesterday, if market fell below 113.85 a chance for farther drop toward 113.00 may hit the market, while managed today to print 113.25 so far

the big picture over USDJPY still the same, as long as market holding above 112.55 another advance wave will be expected toward 116.80 zone

below 112.50 more drop will be expected to test 111.00-30 zone

Level 1113.00114.35
Level 2112.50115.25-60
Level 3111.30116.80
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