USDJPY 2016-03-25

Posted on

USD/JPY

112.65

As we advised before, market managed to hit above 112.60 while facing resistance at 112.95 and 113.30-40 zone

market may head for trading zone between 112.00 – 113.30 for the coming short-run trades (already done at market)

above 113.30 market will face 113.80 and 114.45 as resistance while below 112.00 market will find support at 111.35 and 110.70

this trading zone may sustain for the short-run as most market closed today

  Support Resistence
Level 1 112.00-20 1113.30-40
Level 2 111.35 113.80
Level 3 110.70 114.45
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