USDJPY 2017-05-12
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USDJPY managed to print below 113.60 yesterday which helped market to add moe drop pressure
so far market holding trades below resistance 113.85-90 where as long as market holding below the drop pressure will sustain over market
below 113.45 more drop to test 112.80-113.00 will be expected
above 113.90 market will face resistance at 114.35 which in turn may set market back to drop movement
above 114.35 more advance toward 114.80-115.50 zone may hit market
Support | Resistance | |
Level 1 | 113.45 | 113.85 |
Level 2 | 112.80-113.00 | 114.35 |
Level 3 | 112.10 | 114.80 |