USDJPY 2017-06-08
![](https://assets.iorbex.com/blog/wp-content/uploads/2017/06/18045702/59392393d3661-750x430.png)
as we advised before, market managed to hold trading zone between 108.90 and 110.50-70, while as long as market sustain trades above 108.10 the ability to sustain this trade zone is expected
as long as market holding trades below resistance 110.50-70 the downtrend pressure will sustain where another drop toward 108.90 and 108.10 may hit the market
above 110.70 more advance to test 111.40 is expected
Support | Resistance | |
Level 1 | 109.40 | 110.50-70 |
Level 2 | 108.90 | 111.40 |
Level 3 | 108.10 | 112.00 |