Forex Trading Library

USDJPY 2016-05-27

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USD/JPY

109.65

As we see over our previous chart, we advised market for another dip toward 109.50 before uptrend back to control market, while USD/JPY managed yesterday to obtain that drop toward 109.40 before rebound above 110.00 again

above 110.60 we will expect farther advance toward 111.50-85 zone , while below 109.10 expect farther drop toward 108.20 zone

  Support Resistence
Level 1 109.10-20 110.60
Level 2 108.20-40 111.55-85
Level 3 107.40-50 112.50
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