USDJPY managed to sustain advance wave as we advised before and managed to meet the target of 155.85 and above.
As we see over the Daily chart, the short-term outlook suggests a drop wave could hit the market with resistances at 157.85 and 159.45. One of those resistance could keep the chance for such a drop correction wave toward the 150.90-151.20 zone.
Above 159.45 more advance could hit the market with resistance at 161.95.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 156.20 | 157.85 |
| LEVEL2 | 154.90 | 159.45 |
| LEVEL3 | 153.15 | 161.95 |
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