USDJPY 2016-08-08
As we see over our previous chart, we advised the above 102.00 market may add more rebound where second resistance at 102.85 zone
market managed to break above 102.00 after US labor market data last Friday which may drive more advance
as long as market holding trades below resistance 102.85 the downtrend wave will back to head toward 99.00-50 zone
above 102.85 market may add more advance toward (103.80 – 104.00) zone
Support | Resistence | |
Level 1 | 101.60 | 102.85 |
Level 2 | 100.70 | 104.00 |
Level 3 | 99.00-50 | 105.20 |