USDJPY failed to test our target zone 108.00-20 when market faced the awake of Dollar after Trump anouncement yesterday
Market now facing Intraday support at 108.50-70 which may sustain a rebound correction toward 110.50 zone
Below 108.50 market will face another support at 108.00 which in turn may push for a rebound correction toward 109.50 zone
Below 108.00 market will face support at 107.35
Support | Resistance | |
Level 1 | 108.50-70 | 109.50 |
Level 2 | 108.00 | 110.50 |
Level 3 | 107.35 | 111.40 |