Forex Trading Library

USDJPY 2017-08-17

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USDJPY managed to head for drop correction as resistance 111.05 intact as we advised yesterday

market was short by 25 pips from target 109.40

market now facing resistance at 110.25 where as long as market holding below another drop toward 109.00-40 zone will be expected

above 110.25 more advance to re-test 111.00-10 zone is expected

  Support Resistance
Level 1 109.00-40 110.25
Level 2 108.60 111.00-10
Level 3 108.10 112.00
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