USDJPY 2016-05-11

USD/JPY

108.60

Market managed to obtain daily close above 108.90 which placing market for more advance

market will face 108.20 and 107.40 as support levels where as long as market holding above one of those supports the uptrend will sustain toward 110.00

below 107.40 expect farther drop toward 106.25

  Support Resistence
Level 1 108.20 109.35
Level 2 107.40-50 110.00
Level 3 106.25 111.50-80

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