USDJPY 2017-07-24
USDJPY continued short-run drop correction after breaking below 112.75 where market managed to met 110.60
market still showing ability for more drop to test support trend around 109.30-50 zone which in turn may activate another uptrend wave toward 115.00 zone
below 109.30 market will face another support at 108.10 which may activate a rebound correction toward 109.50
Support | Resistance | |
Level 1 | 110.60 | 111.15 |
Level 2 | 109.80 | 111.60 |
Level 3 | 109.30-50 | 112.40 |