Forex Trading Library

USDJPY 2017-11-14

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

USDJPY still holding downtrend pressure for drop correction as we advised before

Market closing from support at 112.95 which if managed to support the market another rebound correction toward 114.10-25 zone will be expected 

Below 112.95 market may sustain drop pressure toward target 111.70-90 zone

  Support Resistance
Level 1 112.95 114.25-50
Level 2 112.40 115.50
Level 3 111.70-90 116.80
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