Forex Trading Library

USDJPY 2016-11-08

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market still holding USDJPY strong for rebound correction where resistance zone laying at 105.20-50

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 1 103.80 104.50-60
Level 2 102.50-80 105.20-50
Level 3 101.80 106.55
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