USDJPY 2017-01-31
as we advised yesterday, if market fell below 113.85 a chance for farther drop toward 113.00 may hit the market, while managed today to print 113.25 so far
the big picture over USDJPY still the same, as long as market holding above 112.55 another advance wave will be expected toward 116.80 zone
below 112.50 more drop will be expected to test 111.00-30 zone
Support | Resistance | |
Level 1 | 113.00 | 114.35 |
Level 2 | 112.50 | 115.25-60 |
Level 3 | 111.30 | 116.80 |