USDJPY 2016-07-29

BOJ decision failed to meet the market’s high expectations wich spur Yen demand which may continue over short-run

market now facing support zone at 101.50 which may drive for rebound correction toward 103.50 – 104.00 zone

below 101.50 market may add more drop to re-test support zone 99.00-50 while below this zone the old target for mid-run wave will back to stage toward 94.90

	Support	Resistence
Level 1	102.50	104.00
Level 2	101.50	104.95
Level 3	99.00-50	105.60