USDJPY 2018-02-22
USDJPY managed to jump above resistance 107.20 which activated more rebound correction that will face resistance at 108.20-45
As long as market keep holding trades below resistance 108.20-45 another drop wave to re-tetst 106.00-20 zone willl be expected
Above 108.45 market may head for farther rebound correction wave that may target 110.40 zone
Support | Resistance | |
Level 1 | 107.00-20 | 108.20-45 |
Level 2 | 106.00 | 109.50 |
Level 3 | 104.50 | 110.40 |