The yen gave back some of its recent advance that was triggered by US and Japanese intervention.
As we see over the chart, we may see wide range of trading first between 155.00 and resistance 158.05 while market demanding farther rebound
As long as market kept trades below 160.85 the drop scenario may back
While bank of Japan starts the Intervention this time while the peak was around 163.97 which will sustain as resistance
If Yen back to retreat again Market may expect another Intervention
| SUPPORT | RESISTANCE | |
| LEVEL1 | 155.00 | 158.05 |
| LEVEL2 | 152.10-30 | 160.85 |
| LEVEL3 | 145.00 | 163.80 |
