USDJPY has been in a strong uptrend, supported by bullish momentum and key technical levels. With the current price at 149.98, the pair is approaching its next major resistance target at 156.25. A break above the psychological 150.00 level could ignite further buying interest, pushing the price toward this target. Traders should monitor market conditions, including any shifts in central bank policies or yield differentials, which have been driving the pair higher. A sustained move above 156.34 could open the door for additional upside, while a pullback may offer buying opportunities on dips.
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USDJPY
ENTRY: 149.980 [CURRENT]
TARGET: 156.340
PnL: 4.37% [1:1]
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