USD/JPY
118.90
market still showing ability to sustain trading zone between 116.20 – 119.20 as we advised last week
intraday signals showing first support at 117.65 where as long as market holding above this zone the uptrend will sustain to test 119.20
as long as market holding below the 119.20 the short-run downtrend pressure may sustain for another visit to 115.60 – 116.20 support zone
main resistance for the current drop wave is at 120.35-50 where as long as market holding below this zone the downtrend wave will sustain, above 120.50 a new uptrend wave may start
| Support | Resistence | |
| Level 1 | 117.65 | 119.25 |
| Level 2 | 116.70 | 119.90 |
| Level 3 | 116.20 | 120.35-50 |
