USDJPY 2016-04-22

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USD/JPY

110.77

Market managed to hit our target zone (110.05) while added more advance as BOJ is considering negative Interest rate.

as long as market holding below resistance 111.05 the downtrend wave will sustain where target will remain toward 106.60

above 111.05 market may head for another advance wave toward 112.60-80 zone

  Support Resistence
Level 1 110.25 111.05
Level 2 109.25 111.90
Level 3 108.35 112.60-80

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