One of the possible scenario for USDJPY is to maintain trading zone between 111.00 and 112.00 for the Intraday levels
Market may hold this trading zone as we see over the chart while as long as market holding below 112.05 more drop toward 109.50 still on hand
Market showing support for Intraday at 110.90 where as long as market holding above another advance toward 112.00 will be expected
Below 110.85 market may head for farther drop toward 110.25 and 109.50
| Support | Resistance | |
| Level 1 | 110.90 | 111.70 |
| Level 2 | 110.25 | 112.05 |
| Level 3 | 109.50 | 112.50 |
