USDJPY 2017-11-16

USDJPY 2017-11-16

USDJPY managed to break below 112.95 yesterday where market managed to rebound from 112.40 support

Market jump above 113.10 while still staling from testing 113.60-90 resistance

As long as market holding below 113.60-90 zone another drop wave will be expected toward target 111.50-70

Above 113.90 market may add more advance where old resistance at 114.50 will face the market

Support Resistance
Level 1 112.95 113.60-90
Level 2 112.40 114.50
Level 3 111.50-70 115.50

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