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USDJPY: Support zone-unsafe zone- How to play it

Dolar A.S. / Yen Jepun (FX:USDJPY)  
Sforex  
FX:USDJPY   Dolar A.S. / Yen Jepun
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Look at on the chart,USDJPY fell to the ascending trend line : This is a strong support.

121.75 is also a strong support: This was a STRONG RESISTANCE: I SHOW ON THE CHART.

SMA200 is also below the price.

All components create a strong support zone, but if the support zone is pierced,It's difficultly for USDJPY recovers.

Once, Japanese Yen plays a roles as good destination for anyone wants to seek a safe shelter : Safe -Haven Currency.

Penafian

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