USDJPY 2018-03-08
USDJPY still holding same model
As we advised early this week and as we see over our previous chart
With USDJPY continue trades below resistance 108.45 market managed to sustain drop pressure where managed last week to hit target 106.00
Intraday Levels showing resistance at 106.40-50 zone where as long as market holding below more drop toward second target 104.50 is expected
Above 106.55 market may head for farther rebound correction toward 107.70-90 zone
Support | Resistance | |
Level 1 | 105.25-45 | 106.40-50 |
Level 2 | 104.50 | 107.70-90 |
Level 3 | 102.80 | 108.50 |