USDJPY Market Outlook | Fed Signals & Yields in Focus

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USDJPY – Technical Outlook

USDJPY is trading around 148.67, just above the pivot zone (148.50 – 148.49), after breaking out of the recent consolidation range. The pair is showing bullish momentum, with near-term upside potential.

🔎 Bullish Scenario

As long as price holds above the pivot (148.50), the bias stays bullish.
Next upside targets sit at 149.00 – 149.49, followed by the key resistance at 149.92.
A breakout above 149.92 would open the way toward the major resistance at 151.01.

🔎 Bearish Scenario

If price falls back below the pivot line (148.50), USDJPY could retest support at 147.07.
A break below 147.07 would expose deeper support zones at 146.33 – 145.08, with stronger downside momentum possible if sellers regain control.

📍 Key Levels
Pivot: 148.50
Resistance: 149.00 – 149.49 – 149.92
Support: 148.50 – 147.07 – 146.33

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