Forex Trading Library

USDJPY 2017-11-17

2 173

As we advised yesterday and as we see over our previous chart

USDJPY managed to break below 112.95 where market managed to rebound from 112.40 support

As long as market holding below 113.60-90 zone another drop wave will be expected toward target 111.50-70

Above 113.90 market may add more advance where old resistance at 114.50 will face the market

  Support Resistance
Level 1 112.40 113.10
Level 2 111.50-70 113.60-70
Level 3 110.50 114.50
Leave A Reply

Your email address will not be published.