USDJPY 2018-03-26

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

USDJPY managed last week to head for rebound correction and test resistance zone 105.25-60

This resistance zone still holding chance for farther drop toward 104.50 and 103.60 levels

Above 105.60 market may build more rebound correction toward 106.60-80 zone

Support Resistance
Level 1 104.50 105.25-60
Level 2 103.65 106.60-80
Level 3 102.80 107.90
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Rami Abu-Dra`a is a Chief Technical Analyst at Orbex and a holder of B.S Degree in Banking & Financial Science / Subsidiary Economic. Rami ‘s strategic vision of forex markets, enhanced by more than a decade of trading experience, allows him to efficiently mix fundamental and technical analyses, and find the best investment ideas for Orbex traders.

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Rami Abu-Dra`a is a Chief Technical Analyst at Orbex and a holder of B.S Degree in Banking & Financial Science / Subsidiary Economic. Rami ‘s strategic vision of forex markets, enhanced by more than a decade of trading experience, allows him to efficiently mix fundamental and technical analyses, and find the best investment ideas for Orbex traders.

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