USDJPY 2017-01-05

USDJPY 2017-01-05

market managed to retreat again toward 116.00 zone as we advised yesterday, while managed to broke below and closed from testing support 115.40

as long as market holding above support 115.20-40 another advance wave toward 118.40-65 will be expected

below 115.20 more drop toward 114.00-20 may hit the market

Support Resistance
Level 1 116.00 117.40
Level 2 115.20-40 118.65
Level 3 11400-20 119.25

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