USD/JPY Technical Analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The USD/JPY daily chart shows a major structural shift as price violently broke down from its multi-month uptrend peak above 164.00, crashing straight through the 60-period Simple Moving Average (161.25) to tap a low near 155.20 before consolidating around 157.68. With price now trading well below the 60-SMA, the previous dynamic support area around 159.60–161.25 converts into strong overhead resistance; a failed relief rally into this zone would favor a bearish continuation back down toward the 155.20 wick low and major structural floor at 152.60, whereas buyers would need to decisively reclaim 161.25 to neutralize the aggressive downside momentum.



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