Forex Trading Library

USDJPY 2016-11-17

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we still holding our previous outlook

market managed to jump above 109.50-60 levels which indicate the sustain of demand for USDJPY which may provide farther advance toward 111.40

support levels at 108.50 and 107.65 where as long as market holding above one of those supports the uptrend will sustain toward target 111.40

from 111.40 we will expect some drop correction wave to hit the market

Support Resistence
Level 1 108.50 110.50
Level 2 107.65 111.40
Level 3 106.50 112.20

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