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USDJPY Breaks 155.43 High: Eyes Next Target at 155.88
USDJPY has surged to fresh intraday highs above 155.43, extending its bullish momentum after successfully defending the crucial 155.00 support level during the US session. The pair's resilience at this key technical zone has reinforced buyer confidence, with the latest push higher opening the path toward the next resistance target at 155.88. The 155.00 level now serves as the primary risk-defining support for traders, establishing a clear bias framework for upcoming sessions. Technical indicators suggest continued upward pressure as long as the pair maintains above this pivot point. The break above 155.43 represents a significant technical achievement, potentially attracting additional momentum buyers. Traders should monitor the 155.88 resistance level closely, as a successful breach could accelerate gains toward the 156.00 psychological barrier, while any failure to hold above 155.00 would signal a potential trend reversal.
USDJPY
Sentiment:
Very Positive
Source: Finnhub