Forex Trading Library

USDJPY 2017-10-31

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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
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