Note: This section contains information in English only.The near-term momentum for the USD/JPY pair has shifted bearish on the 1-hour chart, as the price recently fell below its moving average after failing to sustain a recovery. The immediate battleground is the 160.197 support level, which the price is currently testing. If selling pressure forces a breakdown below this floor, it clears the path toward the 160.05 to 160.01 zone, a crucial safety net guarding the major 160.00 psychological level, with deeper downside targets waiting between 159.79 and 159.55.
Conversely, if buyers successfully defend the 160.197 mark, the market could experience a short-term relief bounce back toward the descending moving average.
Wed, 17 Jun 2026 08:40:36 GMT
Source: Dukascopy Bank SA
Conversely, if buyers successfully defend the 160.197 mark, the market could experience a short-term relief bounce back toward the descending moving average.