USDJPY 2016-02-26
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 |