As we advised yesterday and as we see over our previous chart
USDJPY managed to back again above 112.40 where again enter another advance wave that may target 114.30-50 zone
From that zone 114.30-50 will expect some drop correction toward 112.00 zone
As long as market holding trades above 112.00 zone the uptrend wave will sustain
Below 112.00 more drop risk may affect market toward 111.10
| Support | Resistance | |
| Level 1 | 112.00-25 | 112.75 |
| Level 2 | 111.50 | 113.25 |
| Level 3 | 111.00 | 114.30-50 |
