Forex Trading Library

USDJPY 2018-02-20

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USDJPY so far still holding trades below resistance 107.20 which still holding the downtrend pressure

Intraday indicators showing that as long as market holding below 107.20 the downtrend movement will sustain toward 104.50

Above 107.20 market may head for farther rebound correction to test 108.20-50 resistance which in turn may activate again the downtrend mob=vement toward 104.50

  Support Resistance
Level 1 106.45 107.20
Level 2 106.00 108.20
Level 3 105.50 109.50
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