USDJPY 2016-03-30

0 1

USD/JPY

112.35

Dollar/Yen managed to fell below support 112.90 which activated another drop movement as short-run term still holding trades inside our projected channel (Snake in Tunnel)

intraday trading levels seeing resistance at 112.45 and 112.80 where as long as market holding trades below those level will expect farther drop toward 111.35 and 110.55

above 112.80-90 market may head for another test for this channel where resistance now laying at 113.70-85 zone

  Support Resistence
Level 1 112.00 112.45
Level 2 111.35 112.80-90
Level 3 110.55 113.70-85

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