USDJPY 2018-01-31

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USDJPY managed to head for rebound correction as we advised this week where market mnaged to print 109.20

we still holding last model

As long as market holding above 108.00-20 support zone 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 1 108.00-20 109.20
Level 2 107.30 109.75
Level 3 105.80 110.50

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