USDJPY 2018-01-24

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USDJPY managed to sustain drop toward target 109.50 as we advised in the last 2 weeks

Market now facing Intrdaya-Level support at 109.30-50 which if managed to hold the market another rebound correction toward 110.30-50 may hit the market before downtrend back again toward second target 108.00-20 zone

However any break below 109.30-50 may hit the market with continues drop movement toward 108.00-20 zone

Above 110.50 market may get chance for farther advance toward 111.40

  Support Resistance
Level 1 109.30-50 110.50
Level 2 108.00-20 111.45
Level 3 107.30 112.10


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