USDJPY 2016-02-25

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USD/JPY

112.25

as we see over the chart, market managed again to rebound from 111.00 zone while short-run still holding trades below resistance downtrend line around 112.60-80

as long as market holding below this level the downtrend pressure may sustain to test 110.00 zone

above 112.80 market may gain more strength to break above 113.40 which may lead for another round to try to test 115.10 resistance zone

  Support Resistence
Level 1 111.00 112.80
Level 2 110.00 113.40
Level 3 108.80 114.50

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