Forex Trading Library

USDJPY 2017-10-25

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As we advised yesterday and as we see over our previous chart

USDJPY managed to hit below 113.40 while market managed to rebound above 113.60 again in mixed signals

Short-Run showing support at 113.05-10 where as long as market holding above a trading zone between this level and resistance 114.40-50 may control market

Above 114.50 more advance toward 115.50 is expected

Below 113.05 more drop toward 111.70 is expected

  Support Resistance
Level 1 114.00 114.40-50
Level 2 113.55 115.00
Level 3 113.05 115.40-50
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