Forex Trading Library

USDJPY 2017-05-19

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USDJPY still facing downtrend pressure over short-run as long as market sustain daily close below 112.10-30

market now facing possible trading zone between 110.50 and 111.75

below 110.50 the chance to continue drop toward 109.60 is expected

above 112.10-30 uptrend wave may retrieve again

  Support Resistance
Level 1 111.10 111.75
Level 2 110.50 112.10-30
Level 3 109.60 112.80
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