Forex Trading Library

USDJPY 2016-07-13

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Dolla/yen went for drop correction after 2 days rally as traders await stimulus details 

market managed to jump above 103.60 where we advised before that above this zone more advance will be expected toward 105.50 and maybe 106.40-80 zone

market now facing support at 103.20 where as long as market holding above this zone expect more advance to hit market toward 105.50 and 106.40-80

below 103.20 market may back toward 100.00-70 zone

  Support Resistence
Level 1 103.95 105.20
Level 2 103.00 106.20
Level 3 102.00
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