USDJPY 2018-03-21
As we advised yesterday and as we see over our previous chart
USDJPY managed to head for some rebound advance after market failled for several times to test 105.25-50 support zone
Market now facing resistance downtrend line around 107.00-20 which may push again for drop movement toward 105.25-50 to hold this trading zone
Above 107.20 market may head for farther advance to test 107.90 or 108.50
Below 105.25 more drop toward 104.50 and maybe 102.80 my hit the market
Support | Resistance | |
Level 1 | 106.00 | 107.00-20 |
Level 2 | 105.25-50 | 107.90 |
Level 3 | 104.50 | 108.50 |