Forex Trading Library

USDJPY 2016-10-14

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market still holding uptrend wave for short-run while market heading toward numbers of importent figures today which may give the way for more advnace or to head for some drop correction

market face first support at 103.50 where as long as market holding abovethis level more advance will be available 

below 103.50 market may head for more drop to re-test 102.60-80 support zone which as long as market holding this support the target will sustain toward 106.00-25

below 102.40 more drop will be expected toward 100.80 zone

  Support Resistence
Level 1 103.50 104.35
Level 2 102.60-80 104.80
Level 3 101.80 105.50
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