USDJPY 2017-12-12

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As we advised last week and as we see over our previous chart

USDJPY managed to break above 113.20-30 resistance zone which may activate farther advance toward 114.40 zone

As long as market holding above 113.00 more advance toward 114.40 zone will be expected

Below 113.00 market may enter new downtrend wave that may target 111.50-70 zone

  Support Resistance
Level 1 113.00 113.90
Level 2 112.25 114.40-70
Level 3 111.50-70 115.50
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