As we predicted yesterday and on the chart, the USDJPY pair managed to sustain an advance and hit 157.70.
Our target and resistance is still around 158.00, which could give a chance for another drop, with support around 155.80
Above 158.00, a chance for further upside momentum could hit the market with resistance at the 160.00 zone.
Below 155.80, more of a drop towards 153.50 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 156.60 | 158.00 |
| LEVEL2 | 155.80 | 160.00 |
| LEVEL3 | 153.50 | 162.00 |
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