USDJPY 2017-12-21

Posted on

USDJPY managed to break above 112.90 where market still moving toward target 113.70

As we see over the chart, as long as market holding below 113.75 the chance for another drop wave toward 111.40-70 may hit the maket

Above 113.75 market may gain strength to sustain advance where the old resistance trend laying at 114.70-80 zone

  Support Resistance
Level 1 112.80 113.75
Level 2 112.00 114.70-80
Level 3 111.40-70 115.50
(Visited 17 times, 1 visits today)

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

- Website

Follow Me:
TwitterFacebookLinkedInPinterestGoogle PlusYouTube

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

© Orbex