USDJPY 2016-06-30
As we advised before, market will face middle resistance level at 103.20, where as long as market holding below this zone the downtrend pressure will sustain to visit 100.00-70 zone
above 103.20 market may head for farther rebound correction toward 106.00-80 zone
as long as market holding trades below 106.80 the downtrend wave will sustain targeting 94.90 levels
becarful as any price below 100.00 may trigger BOJ Intervention to weaken Japanese Yen
Support | Resistence | |
Level 1 | 102.15 | 103.20 |
Level 2 | 101.40 | 105.20 |
Level 3 | 100.45 |