USDJPY 2018-04-30
USDJPY managed to sustain advance as market sustain trades above support 107.70 as we advised 2 weeks ago
Market now facing Intraday resistance at 109.50 while first support at 108.50
As long as market holding above 108.50 more advance to test 110.40-80 is expected
below 108.50 more drop to test 107.70 may hit the market which in turn may activate the uptrend again
below 107.70 more drop toward 106.60 is expected
Support | Resistance | |
Level 1 | 108.50 | 109.50 |
Level 2 | 107.70 | 110.40-80 |
Level 3 | 106.60 | 111.70-80 |