Forex Trading Library

USDJPY 2017-02-13

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as we advised last week and as we see over our previous chart

USDJPY managed to break above 112.60 where managed to add more advance and met target 114.00 today as we advised last week

Market now facing first support at 113.00 and 112.50, where as long as market holding above 112.50 the uptrend wave will sustain toward 115.65 and 116.80

Below 112.50 more drop will be expected again toward 111.65 zone

  Support Resistance
Level 1 113.00 114.00
Level 2 112.50 115.35-65
Level 3 111.65 116.80
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