Forex Trading Library

USDJPY 2016-10-19

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market managed to retreat below first support 103.50 which placed the second support zone 102.60-80 on demand

as long as market holding above support 102.60-80 the uptrend wave will hold chance for another advance toward 106.00 zone

below 102.40 market may initiate downtrend wave that may target 101.80 and 100.80

  Support Resistence
Level 1 102.60-80 104.15-20
Level 2 101.80 104.80
Level 3 100.80 105.50
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