USDJPY begins to build a formation which could send prices higher.
Intraday levels show support at 156.50, and if prices remain above it, the advance could sustain towards 157.75 and 158.85.
Below 156.50 the drop pressure could return for a further drop with supports at 155.50 and 154.35.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 156.50 | 157.75 |
| LEVEL2 | 155.50 | 158.85 |
| LEVEL3 | 154.35 | 160.00 |