Forex Trading Library

USDJPY 2017-07-18

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as we advised yesterday, market managed to test 112.85 resistance where market managed to head for another low toward 112.00 zone

market now facing ability for another test toward 112.60-70 zone, where as long as market holding below 112.85 another drop wave may hit market toward 111.75-85 zone

above 112.85 more advance toward 113.60 is expected

below 111.75 more drop toward 10.60 is expected

  Support Resistance
Level 1 111.75-85 112.45
Level 2 111.10 112.85-95
Level 3 110.60 113.60
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