Forex Trading Library

USDJPY 2017-11-30

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USDJPY managed to jump above resistance 112.05 which may push for more advance to re-test 112.60-70 zone

As we see over the chart, as long as market holding trades below resistance 112.70-80 the chance for market to continue the downtrend wave is good where target still toward 109.50

Above 112.80 with a daily close above this zone will give market more advance chance toward 113.80 zone

  Support Resistance
Level 1 111.90 112.70-80
Level 2 110.85 113.80
Level 3 110.25 114.50
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