As we see over the chart, USDJPY started to build a triangle formation with resistance at 155.25 and support around 153.25-70.
Above 155.25 more advance toward 156.50-70 will be expected.
Below 153.25 more of a drop toward 151.30-50 will be likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 153.25-70 | 155.25 |
| LEVEL2 | 151.30 | 156.50-70 |
| LEVEL3 | 150.00 | 157.80 |
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