Forex Trading Library

USDJPY 2018-03-14

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

USDJPY managed to hold support 106.30 where market managed to head for farther advance to test resistance 107.20-30 as we advised before

Market still showing ability for farther advance to test 107.70-90 as long as market continue trades above 106.30 support zone

Below 106.30 the downtrend pressure risk may back to affect market where 105.25 and 104.50 may become possible targets

  Support Resistance
Level 1 106.30 107.20-30
Level 2 105.25 107.70-90
Level 3 104.50 108.50
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