USDJPY 2017-10-31

USDJPY managed to hit below 113.05 which may be the first sign of more drop on hand

Intraday facing resistance at 113.60-75 zone which may drive the market lower toward target 111.70-90

Above 113.75 market will face the old resistance at 114.25-50 which inturn may set the downtrend pressure again

 

	Support	Resistance
Level 1	112.95	113.60-75
Level 2	112.25	114.10-25
Level 3	111.70-90	114.50