USDJPY has started to build a formation which could send prices higher.
Intraday levels show support at 155.25-75, where as long as the market holds above it, a rebound towards 157.05, 157.75 and 158.85 is likely.
Below 155.25, the drop pressure could return to push the market lower.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 155.25-75 | 157.05 |
| LEVEL2 | 154.45 | 157.75 |
| LEVEL3 | 153.20 | 158.85 |
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