As we advised yesterday and as we see over our previous chart
USDJPY managed to fell below 107.30 2 days ago which may be the first sign of more drop on the way as we advised before
Market now facing resistance zone at 107.90-108.20 where as long as market holding below this zone another drop wave toward 105.80 is expected
Above 108.20 market may head again for ful rebound correction toward 110.00-40 zone
Market so far managed to print 106.17 low while more drop toward 105.80 and maybe 104.50 still on hand
| Support | Resistance | |
| Level 1 | 105.80 | 106.90 |
| Level 2 | 104.50 | 107.60-90 |
| Level 3 | 103.50 | 109.20 |
