USDJPY 2016-01-07
USD/JPY
117.70
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
market managed to hit low toward 117.33 today which closing to our target 117.00-25 zone
market will face support zone at 115.60 – 116.20 zone
below 115.50 expect 113.55
Support | Resistence | |
Level 1 | 117.00-25 | 118.25 |
Level 2 | 115.60-116.20 | 118.75 |
Level 3 | 113.55 | 119.70 |