Forex Trading Library

USDJPY 2015-12-16

0 111

USDJPY

122.00

as we see over the chart, market managed to sustain drop where managed to test support trend of the uptrend channel at support zone 120.00-50

as long as market holding above 120.00 will expect another uptrend wave toward 124.50 and 125.50

while below 120.00 market may add more drop pressure toward 118.00 and 116.00 zone

so far market managed to rebound toward resistance zone 122.00-30 , while support at 121.00-35 zone

  Support Resistence
Level 1 121.60 122.30
Level 2 120.00-35 123.50
Level 3 120.35 124.50
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