As we advised in the last few weeks and as we see over our previous chart
USDJPY managed to hit another drop correction after the second test of resistance 157.85 where managed to hit drop toward 156.00 and rebound again to re-test 157.85 resistance
As we see over the Daily chart, the Short-Run suggesting a drop correction wave may hit the market where resistances laying at 157.85 and 159.45 where one of those resistance may keep the chance for such drop correction wave toward 150.90-151.20 zone
Above 158.10 market may sustain this advance to test 159.45 resistance zone which in turn may activate another drop pressure
Above 159.45 more advance may hit the market where resistance laying at 161.95
| SUPPORT | RESISTANCE | |
| LEVEL1 | 155.95 | 158.10 |
| LEVEL2 | 154.90 | 159.45 |
| LEVEL3 | 153.15 | 161.95 |
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