Forex Trading Library

USDJPY 2017-07-19

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USDJPY manaaged to resume drop where managed yesterday to test 111.70-75 support

market now facing Intraday resistance at 112.40 where as long as market holding below market may try again to break below 111.70, where below this level more drop toward 110.60-70 zone is expected

however and as long as market holding above support 111.70 a chance for rebound correction toward 112.60-80 zone may hit the market

  Support Resistance
Level 1 111.70 112.40
Level 2 111.10 112.85
Level 3 110.60-70 113.60
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