Forex Trading Library

USDJPY 2017-05-01

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

USDJPY managed to add more advance after breaking above 110.55 where market still facing resistance at 112.20 zone

market my or may not be abale to test 112.10-20 zone, however, as long as market holding below 112.20 another drop correction to test 110.55 will be expected

above 112.20 market will face 113.00-20 resistance zone

  Support Resistance
Level 1 111.00 112.20
Level 2 110.50 113.10
Level 3 109.00 113.65
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