USDJPY 2018-01-05

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As we see over our previous chart and as we  advised 2 weeks ago

USDJPY managed to hold trades below resistance 113.75 where market managed gto activate  drop wave that may continue toward target 111.40-70 

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

Below 110.80 more drop toward 109.50 will be expected

  Support Resistance
Level 1 112.00 113.75
Level 2 111.40-70 114.50
Level 3 110.80 115.50

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