USDJPY

USDJPY

The USDJPY pair dropped to 110.50 after the released of soft U.S Non Farm Payroll data last Friday. In the event that the downward move continues below 110.50, we will face 109.75 and 108.90 as support level. On the other hand, if the price rises above 110.50 again, the next resistance level will be at 111.90. As long as the pair remains stable below 111.90 on a daily basis, the bearish view will most likely continue

 

Support: 109.75-108.90-107.90

 

Resistance: 110.50-111.90-112.75

05 Jun 17 (Mon)

09:24 am



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