USDJPY hit the second target at 157.60.
As we see over the chart, the market facing a grey zone at 158.00-159.45 which is considered as a resistance zone, which could maintain the risk for another drop wave towards 155.30-50 and 152.00-50.
Above 159.45 more advance could hit the market while facing resistance at 160.20.
Above 160.20 more advance is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 156.80 | 158.00 |
| LEVEL2 | 155.30 | 159.45 |
| LEVEL3 | 152.00-50 | 160.20 |