The USD/JPY pair is gaining momentum as the U.S. Dollar strengthens across the board. Supported by rising U.S. yields and continued divergence in monetary policy between the Fed and BoJ, the pair remains firmly in a bullish structure.
Price is pushing toward key resistance levels, with potential upside continuation if the momentum sustains. As long as the pair holds above recent support zones, buyers remain in control.
Key Technical Outlook:
Dollar strength fueling the rally
Bullish structure with higher highs/lows
Next upside levels: 149.26 → 150.50 → 151.80
Support: 147.80 / 146.50
📌 Bias: Bullish – Favoring long positions on dips
📈 Watch for breakout above 149.26 for further momentum
Price is pushing toward key resistance levels, with potential upside continuation if the momentum sustains. As long as the pair holds above recent support zones, buyers remain in control.
Key Technical Outlook:
Dollar strength fueling the rally
Bullish structure with higher highs/lows
Next upside levels: 149.26 → 150.50 → 151.80
Support: 147.80 / 146.50
📌 Bias: Bullish – Favoring long positions on dips
📈 Watch for breakout above 149.26 for further momentum
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.