Forex Trading Library

USDJPY 2015-12-03

0 202

USDJPY

123.45

market managed to head for drop correction as we expected while managed again to test support zone 122.00-55 which still consider as long(buy) zone

as long as market holding trades above main support 121.45-65 the uptrend will sustain toward 124.50 and 125.25

below 121.45 market may head to test 120.00 zone

short-run showing support at 122.90 where as long as market holding above the uptrend will sustain toward 124.50, below 122.90 market may add risk for farther drop correction where support at 122.25 & 121.60

  Support Resistence
Level 1 122.00-55 123.50
Level 2 121.45-65 124.40
Level 3 120.00 125.25
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