USDJPY 2018-01-29

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USDJPY managed to sustain drop last week where market managed to print 108.28 low

Market still looking to test support 108.00-20 where as long as market holding above another rebound correction wave may hit the market toward 109.50-70 zone

below 108.00 market may continue drop where another support laying at 107.30 zone may hold the market

Below 107.30 market may enter new downtrend wave

  Support Resistance
Level 1 108.00-20 109.05
Level 2 107.30 109.75
Level 3 105.80 110.50
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