Trading Insights

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USD/JPY

Yen Weakness Deepens as Abenomics 2.0 Narrative Builds


USD/JPY surged past R2 on expectations of yield curve control returning under a potential Takaichi presidency, reigniting carry trade flows.

Key Levels: Support 150.154 | Resistance 153.262
Investor Takeaway: RSI at 62 trending up with emerging MACD selling pressures; overbought territory suggests upside may slow, but fundamental drivers remain strong.