USDJPY 2016-04-04

Posted on

USD/JPY

111.58

As we see over the chart, market managed to sustain drop toward our target 111.35 while market now facing 2 scenario

as long as market holding above 111.35 the market will have chance for rebound correction toward 112.60-80

below 111.35 market may sustain drop to test 110.50 where from there expect another rebound correction

  Support Resistence
Level 1 111.35 112.05
Level 2 110.50 112.60-80
Level 3 110.00 113.50-70
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