USDJPY 2016-04-21

0 1

USD/JPY

109.75

As we see over our previous chart (old model still running), so far USDJPY still holding trades inside our expected zone between (107.70 – 110.05)

as long as market holding above (107.70) will expect another rebound correction toward 110.05 before market resume drop wave toward (106.60)

if market managed to break below (107.60-70) before testing (110.05) in this scenario market may head to test (106.60) and (105.20) zone

above (111.00) market may enter new uptrend wave that may target (113.00) zone

  Support Resistence
Level 1 109.30 110.05
Level 2 108.75 110.70
Level 3 107.60-70 111.05

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss