Forex Trading Library

USDJPY 2018-10-16

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We still holding same view over USDJPY as we see over our previous chart

USDJPY managed to sustain drop movement breaking support after nother while market still facing support zone 111.30-60 and 110.80

As long as market holding above one of those supports another rebound correction toward 112.50 or 113.40 may hit the market

Below 110.80 market may face new downtrend pressure that may lead as first step to threaten support 109.80

  Support Resistance
Level 1 111.30-60 112.50
Level 2 110.80 113.40
Level 3 109.80 114.50
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