Forex Trading Library

USDJPY 2017-06-16

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USDJPY managd to hit above 111.20 in signs of more advance yet to come

as we see over the chart, as long as market holding above 111.00 the way is clear for farther advance toward 112.10

below 111.00 market may head to test 110.60, where any daily close below 110.60 may set farther drop correction toward 109.20-40 before uptrend wave back to control market

  Support Resistance
Level 1 111.00 111.70
Level 2 110.60 112.10
Level 3 109.20-40 113.10
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