USDJPY 2016-01-12
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 |