USDJPY 2017-03-23

USDJPY 2017-03-23

as we advised yesterday

USDJPY managed to break below support 111.60 which may activate farther drop at market

market now facing resistance at 111.60 and 112.25 where as long as market holding below those resistances the downtrend wave will sustain toward 110.25 and 109.15

above 112.25 more advance toward 113.50-60 is expected

Support Resistance
Level 1 110.70 111.60
Level 2 110.00-25 112.25
Level 3 109.15 113.50

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