As we see over our previous chart and as we advised 2 weeks ago
USDJPY managed to hold trades below resistance 113.75 where market managed gto activate drop wave that may continue toward target 111.40-70
Above 113.75 market may gain strength to sustain advance where the old resistance trend laying at 114.70-80 zone
Below 110.80 more drop toward 109.50 will be expected
| Support | Resistance | |
| Level 1 | 112.00 | 113.75 |
| Level 2 | 111.40-70 | 114.50 |
| Level 3 | 110.80 | 115.50 |
