Forex Trading Library

USDJPY 2018-02-22

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USDJPY managed to jump above resistance 107.20 which activated more rebound correction that will face resistance at 108.20-45

As long as market keep holding trades below resistance 108.20-45 another drop wave to re-tetst 106.00-20 zone willl be expected

Above 108.45 market may head for farther rebound correction wave that may target 110.40 zone

  Support Resistance
Level 1 107.00-20 108.20-45
Level 2 106.00 109.50
Level 3 104.50 110.40
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