USDJPY 2018-08-27

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USDJPY managed to head for rebound correction where market tested 111.50 last week

Market showing ability for this uptrend wave to sustain where Intraday Levels showing first support at 110.80 where as long as market holding above more advance toward 112.00-15 zone is expected

below 110.80 more drop to re-test 110.10-30 zone will be expected before another advance wave may hit the market toward 112.00-15 zone

  Support Resistance
Level 1 110.80 111.50
Level 2 110.10-30 112.15
Level 3 109.10 113.00
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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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