USDJPY 2017-01-20

market failed to break above 115.65 which drove market for another dip where support 114.40 managed to hold market so far

as long as market holding above 114.40 the uptrend chance will retrive where above 115.65 more advance toward 116.80 will be expected

below 114.40 more drop will be expected toward 113.20 zone

Support Resistance
Level 1 114.40 115.65
Level 2 113.20 116.80
Level 3 112.55 117.50

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