Forex Trading Library

USDJPY 2018-03-12

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USDJPY managed to break above resistance 106.40-50 last Friday on US labor market data where market still showing chance for farther advance

Intraday Levels showing support at 106.30 where as long as market holding above more advance toward 107.70-90 zone is expected

Below 106.30 market may show risk for another dip to re-tetst 105.25

Above 107.90 market may add bonus toward 108.50

  Support Resistance
Level 1 106.30 107.20-30
Level 2 105.25 107.90
Level 3 104.50 108.50
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