USD/JPY Intraday: Key resistance level approaches
USD/JPY (USD/JPY)-0.774-0.49%
Rebound towards 157.29

Our pivot point is at 156.33.
Our preference: Rebound towards 157.29
Alternative scenario: below 156.33, expect 156.06 and 155.90.
Comment: The approach toward our first target is a key moment to watch, it may trigger a throwback, yet a firm close above this threshold could provide the momentum needed to push the asset price higher.
Supports and resistances:
157.46 *
157.29 **
157.13
156.99 last
156.33 **
156.06 *
155.90 **
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