USDJPY 2016-11-09

As a result of U.S election, USDJPY managed to head for target 101.00 as resistance zone 105.30-50 still holding solid

Market will face first resistance at 103.75 while main resistance at 105.30-50 where another downtrend wave may hit the market toward 99.50-100.00 zone

Above 105.50 market may enter new uptrend wave toward 106.60 and 107.20-50

 

	Support	Resistence
Level 1	102.50	103.75
Level 2	101.00	105.30-50
Level 3	100.00	106.60