USDJPY 2017-02-23

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

Market shift again toward downtrend movement as market failed to break above downtrend line 114.95 as we see over the chart

Market fell below 113.60 which triggered farther drop toward 112.50-80 as we advised before

Market now facing support zone at 112.20-50 where as long as market holding trades above this zone may shift the market again toward uptrend wave

Below 111.60 market may add more drop movement which need to see market react around 111.00 support level

	Support	Resistance
Level 1	112.20-50	113.50
Level 2	111.60	114.95
Level 3	111.00	115.65