USDJPY 2016-11-23

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as we advised before and as we see over our previous chart

market managed to test resistance zone 111.40-90 where managed to head for drop correction so far toward 110.55

market may hold short-run trading zone between support 109.50 and resistance 111.40-90

above 111.90 market may sustain advance toward 113.50 while this scenario need traders to be very careful as market would be in the overbought zone

Support Resistence
Level 1 109.80 111.40-90
Level 2 108.75 112.65
Level 3 107.50 113.50
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