USD/JPY retains cautiously bullish bias.
• US–China baseline trade framework reduces flight-to-safety yen demand
• US–Japan relations warming under PM Takaichi
• Yield spreads continue favoring USD carry flows
Key Levels: Support 151.802 │ Resistance 154.460
Investor Takeaway: Macro still favors upside — but any trade-war flare-ups could unwind recent gains quickly.
