USDJPY 2016-04-14

Posted on

USD/JPY

109.20

As we see over our previous chart, Market managed to hold support 107.70 again as we advised last week while managed to advance again toward 109.10 zone as we advised this week.

market now facing resistance levels at 109.50 and 110.05 , while our model that we placed last week showing that market still heading toward 106.60 target as long as market holding trades below 110.05

above 110.70 market may give signals of farther advance toward 112.50

  Support Resistence
Level 1 108.40 109.50
Level 2 107.70 110.05
Level 3 106.60 110.70
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