Forex Trading Library

USDJPY 2016-01-12

0 124

USD/JPY

117.80

market managed to obtain some rebound correction from 116.70 low while market still facing first resistance at 118.05-10 as trend line resistance lay there.

as long as market holding below 118.10 the chance to continue drop to test 115.60 – 116.20 support zone is at hand, above 118.10 market may enter bigger trading zone between 116.20 – 119.70

  Support Resistence
Level 1 116.70 118.10
Level 2 116.20 118.40
Level 3 115.60 119.40-70
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