USDJPY 2017-05-18
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 |