Forex Trading Library

USDJPY 2018-03-19

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USDJPY managed to keep trying to test support zone 105.25-50 while market managed only to hit 105.60 low last week

As we see over our previous chart, As long as market sustain trades above support 105.25-50 another rebound correction is expected toward 107.00-30 zone

Below 105.25 more drop will be expected toward 104.50 and maybe toward 102.80

Avove 107.30 more advance to test 107.90 will be on hand

  Support Resistance
Level 1 105.25-50 106.40
Level 2 104.50 107.00-30
Level 3 102.80 107.90
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