USD/JPY technical analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The FX pair is currently exhibiting a bullish bias, having recently approached the key resistance level at 145.8900. This upward momentum suggests strong buying interest, and if the bullish sentiment continues, the pair may break above this level and head toward the next significant resistance at 148.200. Such a move would likely signal continued strength in the pair, potentially driven by favorable economic data or interest rate differentials supporting the base currency.



However, if the market fails to sustain the bullish momentum and sellers step in, a reversal could occur. In that case, the pair might retrace and test the key support level at 140.000. A break below this support could indicate a shift in market sentiment and possibly open the door for further downside movement.
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