Technical Analysis: USD/JPY - Friday, Oct. 31
USDJPY managed to hit above the resistance of 154.00-20, which could lead to a further advance.
As we see over the Intraday chart, prices face support around 153.25-65 and if the market holds above it, more advance toward 156.70 and 158.50 will be expected.
Below 153.25 more of a drop toward 151.50 will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 153.25-65 | 154.80 |
| LEVEL2 | 151.50 | 156.70 |
| LEVEL3 | 149.35 | 158.50 |
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