USDJPY managed to pass above the resistance at 155.20 which could lead to another move higher.
As we see from the chart, the market is facing a support zone around 153.90-154.40, where as long as the market holds above it, a chance for an advance toward the 156.75-157.40 resistance zone is likely.
Below 153.90 the drop pressure could lead to another downturn.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 153.90-154.40 | 155.50 |
| LEVEL2 | 152.00 | 156.75-157.40 |
| LEVEL3 | 149.40 | 159.00-40 |