USDJPY 2017-05-16
as we advised yesterday and as we see over our previous chart
market still holding trades below resistance 113.85 which sustain our same outlook for last week
as long as market holding trades below resistance 113.85-90 the downtrend pressure will sustain toward 112.80-113.00 zone
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 | 114.80-115.50 |