USDJPY 2017-01-11
![](https://assets.iorbex.com/blog/wp-content/uploads/2017/01/18065406/587612a5491d7-750x430.png)
Market managed to fell below 116.60 which activated another drop wave to test 115.10-50 zone as we advised 2 days ago
Market now facing resistance 116.35-50 where as long as market holding below another drop toward 115.10-50 may be available at market
Above 116.50 more advance toward 117.50 and 118.40-65 may hit the market
Support | Resistance | |
Level 1 | 115.80 | 116.35-50 |
Level 2 | 115.00-20 | 117.50 |
Level 3 | 114.40 | 118.40-65 |