USDJPY 2017-12-15

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USDJPY short-run indicators still mixed

However market managed yesterday to break below 112.55 where market managed to hit 112.03 so far

Market showing resistance level at 112.90 where as long as market holding below moe drop will be expected toward 111.00-40 zone

Above 112.90 more advance toward 113.70 will be expected

  Support Resistance
Level 1 112.00 112.90
Level 2 111.40 113.70
Level 3 110.85 114.50
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