USDJPY closing from support level

USDJPY closing from support level

Rami
27 (09) 2016 - 17:48 (GMT)
0

After market met our previous target (100.00-50) zone as previous report advised (see here) the USDJPY went for trading zone between support (100.10) and resistance zone (101.20-50) for the Intraday-levels.

With market still holding trades below resistance zone (101.20-50) the chance for breaking support (100.10) is growing where a break below this level may trigger Short-Sell opportunity with target toward (99.00-20) within the coming Intraday-Levels.

From that zone (99.00-20) will expect again a rebound correction where resistance will be consider at (100.10-20) zone.

USDJPY

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Rami

Rami

Hi all, my name is Rami, with more than 16 years experience in Forex Market, switching from Brokerage field to Fund Management and Risk Management specialty.I had an idea to establish a Home Page to present my thoughts on Forex Market from three different angle or prospective, Mid-Run, Short-Run & Intraday movements .

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