USDJPY 2018-02-13

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USDJPY managed to fell below 108.00 where market closing from testing support 107.35 zone as we advsed before

From this zone 107.30 market may head for rebound correction toward 109.80 zone before the downtrend pressure back again as we see over the chart

Below 107.30 market may enter new downtrend wave as we explained before where 105.80 and 104.50 may become a possible targets 

 

 

  Support Resistance
Level 1 107.30 108.00
Level 2 105.80 108.80
Level 3 104.50 109.80

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