USDJPY 2016-12-12
Market managed to break above 114.80 last week which consider a signal of farther advance toward 116.00-25 as we advised before
Market managed to test r=resistance zone 116.00-25 today which may hit market for some drop correction where main support at 114.40-80 zone
As long as market holding above 114.40-80 another advance wave will be expected toward 118.00 zone
Support | Resistance | |
Level 1 | 115.50-60 | 116.00-25 |
Level 2 | 114.40-80 | 117.50 |
Level 3 | 113.50 | 118.60 |