USDJPY 2016-12-13
Market managed to rebound from 114.40-80 support zone as we advised yesterday
The coming short-run showing ability for trading zone as we see over the chart
First resistance at 116.00-25 which may push market for drop toward 115.00 zone
Above 116.25 market will face another resistance zone at 116.60-117.00 which may hit market for drop correction toward 115.20-50 zone
Main support level still at 114.40-80
Support | Resistance | |
Level 1 | 114.80 | 116.00-25 |
Level 2 | 114.40 | 116.60-117.00 |
Level 3 | 113.20-50 | 118.00 |