USDJPY 2017-03-29

Mar 29, 11:57 am

market managed to jump above 110.70 yesterday where we advised last report that a break above 110.70 may set target toward 111.50-60 zone

market now facing Intraday support at 110.70 where as long as market holding above more advance to test 111.50-60 is expected where from this zone the downtrend outlook will back to affect market

below 110.70 market may head for farther drop to test 110.10-25 zone, where below 110.10 more drop toward third target 109.15 is expected

  Support Resistance
Level 1 110.70 111.60
Level 2 110.10 112.50
Level 3 109.15 113.25
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