Forex Trading Library

USDJPY 2017-11-20

2 177

USDJPY managed to sustain drop last week where market closed from our target 111.50-70 zone

As we see over the chart Market faced uptrend line around 111.90-95 zone where as long as market holding above another rebound correction toward 113.00-30 zone may hit the market

Below 111.90 another support laying at 111.50 will face the market whch may push for ren=bound correction wave

Below 111.50 more drop toward 110.50 is expected

  Support Resistance
Level 1 111.90 112.30
Level 2 111.50 113.00-30
Level 3 110.50 113.70
Leave A Reply

Your email address will not be published.