As we advised yesterday and as we see over our previous chart
USDJPY still holding trades above support zone 112.00-20 where as long as market holding above another rebound correction will be expected with resistance laying at 113.60-70
Below 112.00 market may enter new drop wave that may target 110.50 zone
| Support | Resistance | |
| Level 1 | 112.00 | 112.75 |
| Level 2 | 111.40 | 113.60 |
| Level 3 | 110.50 | 114.50 |
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