USD/JPY technical analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
USD/JPY is in a strong short-term uptrend and is now testing a major long-term resistance level.



The critical ceiling to watch is the 149.00 price zone, with bullish indicators confirming the rally's strength.

A decisive break above this level would signal a continuation of the uptrend. However, if the price is rejected here, expect a pullback towards support around 148.20.

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