USDJPY 2016-04-06
USD/JPY
110.35
market managed to fell below 110.50 support trend on safe haven demand which now showing ability for farther decline where our Mid-Run target back to stage again toward 106.60
however market may be in alert situation if dollar/yen fell below 110.00 levels as BOJ consider any prices below this zone as a potential intervention to weaken the Yen and so traders need to stay alert
as long as market holding trades below 111.05 the downtrend movement will sustain toward 108.80 and 106.60
| Support | Resistence | |
| Level 1 | 110.00 | 111.05 |
| Level 2 | 109.50 | 111.70 |
| Level 3 | 108.80 | 112.70 |


