USDJPY 2017-05-08
as we advised last week and as we seeover our previous chart
USDJPY managed to retreate from resistance zone 113.00 where managed to hit 112.00 zone
awhich activate another advance toward 113.00 zone
as long as market holding below 113.00 the drop pressure may sustain for more drop toward 110.10-50 zone
above 113.20 more advance will be activated where a daily close above 113.60 will set new uptrend wave toward 114.80
Support | Resistance | |
Level 1 | 112.00 | 113.00-20 |
Level 2 | 110.90 | 113.60 |
Level 3 | 110.50 | 114.80 |