USD/JPY Technical Analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
USD/JPY chart shows a strong V-shaped bullish recovery from recent lows near 160.500, with the price currently testing a critical immediate resistance level at 162.600. If buyers manage a decisive hourly close above this 162.600 threshold, it clears the path for a continuation toward the major swing high at 162.800. Conversely, if the price faces rejection at this overhead supply zone, expect a short-term pullback to find liquidity around the immediate structural support level at 161.950, which must hold to preserve the current bullish market structure chart shows a strong V-shaped bullish recovery from recent lows near 160.500, with the price currently testing a critical immediate resistance level at 162.600. If buyers manage a decisive hourly close above this 162.600 threshold, it clears the path for a continuation toward the major swing high at 162.800. Conversely, if the price faces rejection at this overhead supply zone, expect a short-term pullback to find liquidity around the immediate structural support level at 161.950, which must hold to preserve the current bullish market structure





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