USDJPY 2018-03-08

Posted on

USDJPY still holding same model

As we advised early this week  and as we see over our previous chart

With USDJPY continue trades below resistance 108.45 market managed to sustain drop pressure where managed last week to hit target 106.00

Intraday Levels showing resistance at 106.40-50 zone where as long as market holding below more drop toward second target 104.50 is expected

Above 106.55 market may head for farther rebound correction toward 107.70-90 zone

Support Resistance
Level 1 105.25-45 106.40-50
Level 2 104.50 107.70-90
Level 3 102.80 108.50
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