Forex Trading Library

USDJPY 2018-02-26

2 164

As we advised last week and as we see over our previous chart

As long as market keep holding trades below resistance 108.20-45 another drop wave to re-tetst 106.00-20 zone willl be expected , market already printed 106.37 low

As long as market holding trades below 108.20 the Short-Run downtrend wave will sustain where market still looking toward 104.50 zone

Above 108.45 market may head for farther rebound correction wave that may target 110.40 zone

  Support Resistance
Level 1 106.20 107.20
Level 2 105.50 108.20-45
Level 3 104.50 109.50
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