Dollar/Yen jumped after an election victory for Prime Minister Shinzo Abe’s coalition emboldened him to step up economic support.
market managed to jump above 103.60 where we advised before that above this zone more advance will be expected toward 105.50 and maybe 106.40-80 zone
market now facing support at 103.20 where as long as market holding above this zone expect more advance to hit market toward 105.50 and 106.40-80
below 103.20 market may back toward 100.00-70 zone
| Support | Resistence | |
| Level 1 | 103.20-60 | 104.50 |
| Level 2 | 102.45 | 105.25 |
| Level 3 | 101.25 |
