
USDJPY managed to hold below 143.60 to hit a 142.10 low today closing to our target of 141.50-90.
As we see from our previous chart, there is resistance around 143.60 where as long as the market holds below it, the drop pressure could sustain toward 141.50-90.
Above 143.60 more advance could occur with resistance around 144.20-40 which in turn could activate a drop toward 141.50-90.
Above 144.40 more advance toward 147.50 will be expected.
SUPPORT | RESISTANCE | |
LEVEL1 | 142.80 | 143.60 |
LEVEL2 | 141.50-90 | 144.20-40 |
LEVEL3 | 139.90 | 147.50 |
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