Forex Trading Library

USDJPY 2016-01-05

0 306

USD/JPY

119.00

As market managed to fell below support level of the uptrend channel market facing more drop pressure to sustain movement to test 117.00-25 zone

as long as market holding trades below 120.65 the downtrend pressure will sustain toward 117.00-25 zone

above 120.65 market may gain more advance toward 122.60

  Support Resistence
Level 1 118.05 119.45
Level 2 117.00-25 120.00
Level 3 116.20 120.65
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