USD/JPY
118.20
market still showing ability to sustain trading zone between 116.20 – 119.20 as we advised last week
as long as market holding below the 119.20 the short-run downtrend pressure may sustain for another visit to 115.60 – 116.20 support zone
main resistance for the current drop wave is at 120.50 where as long as market holding below this zone the downtrend wave will sustain, above 120.50 a new uptrend wave may start
| Support | Resistence | |
| Level 1 | 116.70 | 118.75 |
| Level 2 | 116.20 | 119.25 |
| Level 3 | 115.60 | 120.35 |
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