USDJPY 25.09.17
https://www.tradingview.com/x/CkRRjhlj/
Trading at 111.990.
Hovering between 112.200 and 111.900. A close above either of these levels will be an ideal signal as to where we could be heading over the week beginning 25.09.17.
A close below 111.960 will mean a retracement towards 50.0 Fib Level (111.00)
A close above 111.200 will see buyers target 112.600 - 112.800.
Major resistance coming in at 112.600, price was unable to break above this level last week.
In my opinion I believe price will retrace back towards this level before we see any major moves to the downside.
108.000 currently major support level for this pair.
Trading at 111.990.
Hovering between 112.200 and 111.900. A close above either of these levels will be an ideal signal as to where we could be heading over the week beginning 25.09.17.
A close below 111.960 will mean a retracement towards 50.0 Fib Level (111.00)
A close above 111.200 will see buyers target 112.600 - 112.800.
Major resistance coming in at 112.600, price was unable to break above this level last week.
In my opinion I believe price will retrace back towards this level before we see any major moves to the downside.
108.000 currently major support level for this pair.
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