The USD/JPY moved downwards from 114.80 to 111.90 main support level last week. If the pair is able to break the 111.90 main support level we think the downward move will accelarate towards 110.50 and 109.75 support levels. On the other hand if pair gain momentum above 112.75 we eill face 113.60 and 114.80 resistance levels.
Supports: 111.90 – 110.50 – 109.75
Resistance: 112.75 – 113.60 – 114.80
06 Feb 17 (Mon)
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