USDJPY 2018-02-15

Posted on

As we advised yesterday and as we see over our previous chart

USDJPY managed to fell below 107.30 2 days ago which may be the first sign of more drop on the way as we advised before

Market now facing resistance zone at 107.90-108.20 where as long as market holding below this zone another drop wave toward 105.80 is expected

Above 108.20 market may head again for ful rebound correction toward 110.00-40 zone

Market so far managed to print 106.17 low while more drop toward 105.80 and maybe 104.50 still on hand

  Support Resistance
Level 1 105.80 106.90
Level 2 104.50 107.60-90
Level 3 103.50 109.20
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