USD/JPY Trends Downward: Key Support at 160.50

As the USD/JPY pair declines, the first support level will be at 160.50 with subsequent levels to watch below at 160.00 and 159.00. On the upside, the initial resistance is at 161.00, with potential resistance levels above 161.50 and 162.00 respectively.

Resistance 3	Resistance 2	Resistance 1	Support1	Support 2	Support 3
162.00	161.50	161.00	160.50	160.00	159.00