USDJPY managed to rebound to retest the trend resistance zone again while the market is showing resistance around 157.90-158.15 as we see on the chart.
As long as the market holds below this zone, another dip wave toward the second target 154.50 is still expected.
Above 158.15 more advance will be expected with resistance at around 159.40-50 which may push for a correction.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 156.95 | 157.90-158.15 |
| LEVEL2 | 155.35 | 159.40-50 |
| LEVEL3 | 154.50 | 161.60 |
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