USDJPY 2018-03-28

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As we advised yesterday and as we see over our previous chart

USDJPY managed to head for some drop correction where market managed to hold trades above support 105.00-25

Market managed to head for farther advance as we advised where market is testing now resistance levels 106.00-20

As long as market holding below this resistance 106.00-20 another drop correction may take place

Above 106.20 market will have chance to add more advance to test 106.70-80 zone

Support Resistance
Level 1 105.70 106.00-20
Level 2 105.00 106.70-80
Level 3 104.60 107.50
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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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