USDJPY dropped rapidly today after the Japanese election results.
As we see over the Intraday chart, the market is still facing pressure and below 142.75, more of a drop will be expected with supports at 141.70 and 140.40.
First Intraday resistance is at 143.35. Above this level, a chance for further advance could move to the next resistance zone of 143.75-144.30.
Above 144.40 the advance wave could move toward 146.45.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 142.75 | 143.35 |
| LEVEL2 | 141.70 | 143.75-144.30 |
| LEVEL3 | 140.40 | 146.45 |
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