Forex Trading Library

USDJPY 2017-01-03

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Market managed to hold support line 116.00-30 as we advised last week while closing from our target 118.40-65

This zone may stall the uptrend which may push for another drop correction toward 117.25 zone

Above 118.60 more advance wave may hit market toward 120.00 zone

 

  Support Resistance
Level 1 117.25 118.40-65
Level 2 116.00-30 119.25
Level 3 115.40 120.00
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