Forex Trading Library

USDJPY 2017-08-22

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as we advised last week and as we see over previous chart for Mid-Run projection

Dollar/Yen managed to sustain drop toward target 109.00-40 as we advised before

market managed to re-test Short-Run and Mid Run support at 108.10-60 where as long as market holding above another advance wave will be expected toward 114.00 zone as first target

below 107.40 Mid-Run may enter new downtrend wave that may target 101.50 zone

  Support Resistance
Level 1 108.60-90 109.65
Level 2 108.10 110.35
Level 3 107.40 111.05
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