USDJPY 2016-10-19

Posted on

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
(Visited 7 times, 1 visits today)

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

- Website

Follow Me:
TwitterFacebookLinkedInPinterestGoogle PlusYouTube

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

© Orbex