Forex Trading Library

USDJPY 2018-04-24

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USDJPY managed to hold trades above support 107.70 where more advance toward target 108.90

Intraday Levels showing resistance at 109.20 while first support lating at 108.40 where market may hold trading zone here

In general and as long as market sustain trades above 107.70 the Short-Run target will remain toward 110.40-80 zone and maybe 111.80-90

Below 107.70 market may lose momentume which may send correction toward 106.60 and maybe lower

  Support Resistance
Level 1 108.40 109.20
Level 2 107.70 110.40-80
Level 3 106.60 111.90
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