Forex Trading Library

USDJPY 2017-10-23

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USDJPY managed to break above 113.70 on market gap after Shinzo Abe’s election victory

As long as market holding trades above 113.40-60 support  more advance will be expected toward 114.40-50 which may consider as resistance zone

Above 114.50 more advance toward 115.40-50 will be expected

Belwo 113.40 market may head for another drop correction toward 111.70 zone

  Support Resistance
Level 1 113.40-60 114.40-50
Level 2 112.60-70 115.40-50
Level 3 111.70 116.80
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