Forex Trading Library

USDJPY 2016-11-07

0 240

USDJPY also managed to head for price gap opening this week while added more advance toward 104.50 resistance level.

We still holding our last projection that as long as market holding below 105.50 zone another drop wave will be available toward 101.00 zone

Above 105.50 market may start to initiate uptrend wave toward 106.60 and 107.20

  Support Resistence
Level 1 103.80 104.50
Level 2 102.50-80 105.30-50
Level 3 101.80 106.60
Leave A Reply

Your email address will not be published.