Forex Trading Library

USDJPY 2016-06-03

0 146

USD/JPY

108.85

Market managed to hit below 109.10 in signs of more drop yet to come

as long as market holding below 109.70 the downtrend will sustain to test support zone 10820-30 where a rebound correction may hit the market from there toward 109.50

below 108.20 market will face 107.40-50 support zone , while above 109.70 market will face 110.50-60 resistance zone

  Support Resistence
Level 1 108.20 109.70
Level 2 107.40-50 110.50-60
Level 3 106.80 111.50
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