USDJPY 2018-05-02
The USDJPY managed to hold trades above 108.50 early this week where market managed to hold advance as we advised
Market is closing from target 110.40-80 while Intraday Levels showing first support at 109.30-50 zone which may hold this scenario for more advance
Below 109.30 market may try to re-tetst 108.50-60 zone which in turn may push back for another advance toward 110.40-80 zone
Below 108.50 the lst support will be consider t 107.70-90 zone
Support | Resistance | |
Level 1 | 109.30-50 | 110.40-80 |
Level 2 | 108.50 | 111.70-90 |
Level 3 | 107.70-90 | 112.50 |