USDJPY 2016-02-26

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USD/JPY

112.80

as we see over the chart, market managed to break above resistance level of the downtrend line where market now facing 113.40 resistance zone

as long as market holding below 113.40 another drop toward 112.00 and 111.50 will be expected

above 113.40 market will send good signals for more advance to head toward 115.10 – 116.20 zone

  Support Resistence
Level 1 112.50 113.40
Level 2 111.95 114.50
Level 3 111.00-30 115.10

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