USD/JPY Intraday: Key resistance level approaches
USD/JPY (USD/JPY)+0.241+0.16%
The upside prevails as long as 154.17 is support, with 155.43 and 155.78 as targets

Our pivot point is at 154.17.
Our preference: The upside prevails as long as 154.17 is support, with 155.43 and 155.78 as targets
Alternative scenario: below 154.17, expect 153.59 and 153.25.
Comment: Prices are now closing in on our first target. Should this level hold, a throwback is likely to emerge; however, a convincing break above it could open the door to additional upside.
Supports and resistances:
156.12 *
155.78 **
155.43
155.18 last
154.17 **
153.59 *
153.25 **
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