Forex Trading Library

USDJPY 2017-04-17

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USDJPY managed to sustain drop wave where managed to print another low around 108.10 zone

we still holding our last week prospective where 107.50-70 still possible target for market

Intraday showing first resistance at 108.85 where as long as market holding below more drop toward 107.50 is expected

above 108.85 market will face the 109.30-50 resistance zone which may activate the downtrend wave again as we see over chart

above 109.50 market may advance to test 110.10 zone

  Support Resistance
Level 1 108.10 108.85
Level 2 107.50 109.50
Level 3 106.60 110.10
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