First support zone remains last low at 106.50 while first resistance is the level of 108.00. When we see a break of either levels, we might start making plans to go either short or long. Until then, the pair will have some time to consolidate and decide what to do next.
Chart: USD/JPY D1
I'll watch those levels, thanks.
ReplyDeleteVery helpful analysis.
ReplyDeleteGood post. Very helpful.
ReplyDeleteGreat review!
ReplyDeleteUJ keep above 107 level.
ReplyDeleteVery helpful and insightful analysis, excellent.
ReplyDeleteThe downtrend looks very strong.
ReplyDeleteVery useful information! Thanks.
ReplyDeleteFurther decline is seen today, the pair visited the key support at 106.50.
ReplyDelete