USDJPY 2018-02-02

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USDJPY managed to break above 109.70 resistance zone which may provide farther advance as we advised yesterday

Market now facing support at 109.00-20 where as long as market holding above more advance toward 110.85 and maybe 111.50 may hit the market

Below 109.00 this will consider a weak signal which may provide farther drop toward 108.00-20 zone

  Support Resistance
Level 1 109.00-20 110.85
Level 2 108.00-20 111.50
Level 3 107.35 112.20

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