USDJPY 2016-08-04

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market managed to break below 101.50 2 days ago where we advised that below this level more drop may hit market toward 99.00-50 zone

as we see over the char market facing resistance at 102.00 and 102.85 where as long as market holding below one of those level more drop will be expected toward 99.00-50 zone

above 102.85 market may sustain advance toward 104.00 level

  Support Resistence
Level 1 100.70 102.00
Level 2 100.00 102.85
Level 3 99.00-50 104.00

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