As we advised last week and as we see over previous chart for Mid-Run projection
Dollar/Yen managed to sustain drop toward target 109.00-40 as we advised before
Market managed to re-test Short-Run and Mid Run support at 108.10-60 where as long as market holding above another advance wave will be expected toward 114.00 zone as first target
Below 107.40 Mid-Run may enter new downtrend wave that may target 101.50 zone
Support | Resistance | |
Level 1 | 108.60-90 | 109.65-80 |
Level 2 | 108.10 | 110.35 |
Level 3 | 107.40 | 111.05 |