Forex Trading Library

USDJPY 2017-10-30

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Dllar/Yen managed to test 114.40-50 resistance zone last week

Market may sustain Short-Run trading zone between support 113.05-10 and resistance 114.40-50

Intraday support at 113.50 where market may head for more advance if managed to sustain trade above, while below 113.50 market may head to test 113.05-10 before rebound back toward 114.40-50

Below 113.05 more drop toward 111.70 may hit the market

Above 114.50 more advance toward 115.50 is expected

  Support Resistance
Level 1 113.50 114.40-50
Level 2 113.05-10 115.00
Level 3 112.25 115.50
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