Forex Trading Library

USDJPY 2016-09-02

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As we advised yesterday 

USDJPY managed to jump above 102.85 where market activate farther advance that will face resistance zone for the downtrend line around 104.30-50

From that zone will expect a drop correction to hit the market toward 101.75 zone

Above 104.50 market will face another resistance at 105.00-20

  Support Resistence
Level 1 102.85 104.30-50
Level 2 101.75 105.60
Level 3 100.70 106.50
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