Forex - Chart USD/JPY Update: Down to the 112.00 level, break expose 111.00 level


 05:21 (GMT) 17 Mar

  [Forex Charts]

17 Mar USD/JPY Daily

Follow-through from the 113.82 high to break the 112.23/16range lows has seen the 112.00 level breached. Sustained break here will see return to the 111.00 level and see risk for bear extension to target the 110.00 level. Upside seen limited with resistance now at 113.00 level then 113.82 high. [PL]

R5:: 114.56 * 2 Mar high R4: 114.45 * 10 Mar high
R3: 114.14 15 Mar high
R2: 113.82 16 Mar high
R1: 112.96 intraday high

S1: 111.65 intraday level
S2: 110.99 ** 11 Feb low
S3: 110.65 congestion
S4: 110.09 * 1 Oct 14 high
S5: 109.47 30 Oct 14 high


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