USDJPY 2018-03-27

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USDJPY managed to break above 105.60 is sings of more advance yet to come

Intraday levels showing support at 105.00-25 which market may test while as long as market holding above another advance toward 106.10-20 zone will be expected

Above 106.20 more advance toward 106.80 will be expected

Below 105.00 market may give conflict signals between resume drop for more lows below 104.50 or not

Support Resistance
Level 1 105.00-25 106.10-20
Level 2 104.60 106.80
Level 3 103.60 107.50
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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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