Forex Trading Library

USDJPY 2016-01-07

0 128

USD/JPY

117.70

As market managed to fell below support level of the uptrend channel market facing more drop pressure to sustain movement to test 117.00-25 zone

as long as market holding trades below 120.65 the downtrend pressure will sustain toward 117.00-25 zone

market managed to hit low toward 117.33 today which closing to our target 117.00-25 zone

market will face support zone at 115.60 – 116.20 zone

below 115.50 expect 113.55

  Support Resistence
Level 1 117.00-25 118.25
Level 2 115.60-116.20 118.75
Level 3 113.55 119.70
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