Forex Trading Library

USDJPY 2017-05-09

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USDJPY managed to jump above 113.00 zone which may activate farther advance toward 114.80 zone as we advised earlier this week

market now facing support line zone at 112.80-113.00 where as long as market holding above this zone more advance toward 114.80-115.50 zone is expected

below 112.80 more drop toward 112.10 will be expected

  Support Resistance
Level 1 113.25 113.80
Level 2 112.80-113.00 114.30
Level 3 112.10 114.80
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