USD/JPY Analysis
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USDJPY held above the support of 146.10-40, as prices opened with a gap today to meet the target of 149.95.
The market still has room for further advance, with the first Intraday support at the 149.00 zone.
Prices are facing resistance around 151.90-151.45, which could call for a correction towards 149.00.
Below 149.00, a further drop could hit the market, with support around 147.45.
Above 151.45, more advance toward 154.65 will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 149.00 | 150.90-151.45 |
| LEVEL2 | 147.45 | 152.30 |
| LEVEL3 | 146.45 | 154.65 |
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