USDJPY 2018-05-07
Dollar/Yen managed to fell below 109.30 last week where managed to add more drop toward support zone 108.50-60
We advised last week that this zone 108.50-60 may set another advance toward 110.40-80 zone
Below 108.50 more drop to test 107.70-90 is expected which in turn may provide another rebound toward 109.70
Below 107.70 more drop toward 106.60 and 105.60 may hit the market
Support | Resistance | |
Level 1 | 109.00 | 110.00 |
Level 2 | 108.50 | 110.40 |
Level 3 | 107.70 | 110.80 |