As we see over the previous chart, the pair managed to rebound from support 155.00-60 whilst closing to the resistance at 159.40.
USDJPY still has the chance for a further advance as this zone could control the market movement between support 155.00 and resistance 160.20-60.
Above 160.60 more advance is likely with resistance at 161.95.
Below 155.00 more of a drop is expected with supports at 153.00 and 152.00.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 156.00 | 159.40 |
| LEVEL2 | 155.00 | 160.20-60 |
| LEVEL3 | 153.00 | 161.95 |