Forex Trading Library

USDJPY 2017-05-18

0 161

USDJPY managed to fell below 112.10 yesterday where managed to add more drop toward target 110.90 as we advised yesterday

market managed to hold more drop pressure where market will face support at 109.60 and 108.80 where one of those supports may provide base for market for another rebound correction toward 112.00

as long as market holding below 111.50 more drop to test 109.60 or 108.80 is expected

above 111.50 market will face resistance at 112.10 zone 

  Support Resistance
Level 1 109.60 110.60
Level 2 108.80 111.50
Level 3 108.10 112.10
Leave A Reply

Your email address will not be published.