USD/JPY Technical Analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The USD/JPY 1-hour chart reflects a short-term bearish pullback within a broader bullish trend. After reaching resistance near the 163.900–164.000 range, the price dropped below the 20-period SMA (163.818) and broke out of its tight high-level consolidation zone, currently trading around 163.699. In the short term, sellers are pushing toward immediate support levels around 163.500 down to 163.200, though the overall uptrend remains structurally intact as long as price holds above the primary lower ascending trendline near 163.300, 163.400; a quick recovery back above 163.820 would be required to resume momentum toward 164.000.





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