USDJPY facing support zone with chance for more advance

USDJPY facing support zone with chance for more advance

Rami
10 (10) 2016 - 09:01 (GMT)
0

USDJPY managed to head for some drop correction as market managed to hold trades below resistance (104.35) while market facing now support zone at (102.60-80) where as long as market holding trades above this zone more advance will be expected within Intraday-Levels along with our expectation within Short-Run view (see here).

Below (102.50) market may start to show ability for farther drop toward (100.80) zone.

While so far market still showing ability to resume Short-Run uptrend

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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