USDJPY 2017-05-11

May 11, 11:34 am

USDJPY managed to hold support 113.60-70 intact where managed to add more advance toward 114.35 as we advised yesterday

market now looking for support 114.05 where as long as market holding above more advance within Intraday levels is expected toward 114.80 and 115.50 zone

below 114.05 more drop to re-test 113.60-70 zone will be expected which in turn may activate the uptrend wave again toward 114.80

below 113.60 risk for more drop toward 112.80-113.00 zone may hit the market

Level 1114.05114.35
Level 2113.60-70114.80
Level 3112.80-113.00115.50
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