
As we see over the chart, USDJPY seems building decending triangle which may lead for farther drop movement if this formation managed to control the market
As we see over the chart resistance zone laying at 145.00-45 while support laying at 141.50-142.10 while market may hold this trading zone
Above 145.45 more advance will be expected with resistances around 146.25 and 147.10
Below 141.50 more drop will be expected with support around 139.80
SUPPORT | RESISTANCE | |
LEVEL1 | 143.80-90 | 145.00-45 |
LEVEL2 | 142.80 | 146.25 |
LEVEL3 | 141.50 | 147.10 |
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