USD/JPY retains a cautiously bullish tone even as U.S. yields fluctuate. The pair remains supported by wide yield differentials and improved diplomatic relations—highlighted by Trump’s endorsement of Sanae Takaichi, the frontrunner in Japan’s presidential race. While rising yields have created short-term pressure, improved U.S.–Asia relations and a baseline U.S.–China trade deal framework strengthen medium-term dollar prospects.
Key Levels: Support at 149.522 | Resistance at 153.607
Investor Takeaway: MACD shows emerging selling pressures, but underlying fundamentals favor continued USD strength unless trade risks re-escalate.
