USD/JPY Stalls at 155.67 as Bulls Fight for Breakout Above Resistance

USD/JPY remains pinned at the 155.67 resistance level after rallying from yesterday's support test at 154.33. The pair has gained 0.4% (62 pips) from the Asian session lows, driven by renewed dollar strength and risk-on sentiment. Bulls are attempting to establish a foothold above the critical 155.675 supply zone, which has capped advances multiple times in recent sessions. The upward momentum built on solid support between 154.33-154.472, tested both yesterday and during early Asian trading. Technical indicators suggest mounting bullish pressure, though a clear break above 155.675 is essential for continuation toward 156.00. Traders are closely monitoring whether buyers can sustain momentum above this key level or if sellers will defend the resistance zone. A failure to break higher could see the pair retreat to test the 154.33 swing floor again.