USDJPY 2017-10-23
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 |