Forex Trading Library

USDJPY 2018-08-13

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USDJPY managed to fell below support 110.50 which may add more drop ppressure toward test 108.10-30 support as we see over the chart

As long as market holding below 111.10 the chance for continues drop toward 108.10-30 is possible especially if market managed to hit any daily close below 110.00

Above 111.10 a chance for farther advance is possible with another resistance at 112.15 which may restore the downtrend pressure over the pair 

  Support Resistance
Level 1 110.-10 111.10
Level 2 109.10 112.15
Level 3 108.10-30 113.00-30
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