USDJPY 2017-07-10

as we advised last week market managed to sustain advance where managed to test 114.30-40 resistance zone

market now facing support at 113.50 while resistance at 114.37

above 114.37 more advance toward 115.50 is expected

while as long as market holding below 114.37  chance for another drop toward 113.60-70 zone is available

below 113.50 more drop toward 112.70-80 is expected

  Support Resistance
Level 1 113.50 114.37
Level 2 112.70-80 114.80-90
Level 3 111.70 115.50

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