Forex Trading Library

USDJPY 2017-02-02

0 143

As we advised yesterday and as we see over the chart

Market managed to hold trades below resistance 114.00 where managed to add more drop pressure where closing again today from this week low 112.10

Our outlook still the same where market still looking to test 111.00-30 zone, while main support zone for the short-run will consider at 110.00-111.00 zone which may provide the start for another uptrend wave

  Support Resistance
Level 1 112.10 112.95
Level 2 111.00-30 114.00
Level 3 110.25 115.00
Leave A Reply

Your email address will not be published.