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USD/JPY

Yen Plunges on Takaichi Lead, Abenomics 2.0 Narrative Builds


USD/JPY surged past R2 as Sanae Takaichi — an ally of Shinzo Abe — leads the presidential race, signaling a likely return of yield curve control and ultra-low JGB yields. Carry trade flows are back.
Key Levels: Support 150.154 | Resistance 153.262
Investor Takeaway: RSI at 79 (extreme overbought) above MA with strong MACD buying pressures; Abenomics revival risks extending yen weakness.