Forex Trading Library

USDJPY 2017-03-20

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

market managed to hold drop pressure where market managed today to hit target zone 112.20-50

we expect this zone 112.20-50 to establish support zone for market to activate another advance wave toward 115.65 as we advised before

below 111.60 this model will be busted where more drop may affect market

  Support Resistance
Level 1 112.20-50 113.00
Level 2 111.60 113.60
Level 3 111.00 114.05
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