USD/JPY appreciated sharply before retracing after hitting R1. With Sanae Takaichi leading Japan’s presidential race, investors are pricing in the return of Abenomics and yield curve control—reviving the carry trade. Tightening UST–JGB spreads encourage capital to flow into US assets.
Key Levels: Support 150.154 | Resistance 153.262
Investor Takeaway: RSI at 62 trending up with emerging MACD selling pressures; overbought conditions meet strong policy-driven tailwinds.
