Outlook: Cautiously Bearish
Timeframe: 1 Day
Technical & Policy Outlook
- Post-FOMC USD weakness was expected amid YCC-related bond market concerns.
- BoJ rate hike expectations may weaken JPY further as Japan’s debt servicing costs rise, especially under the Takaichi government’s fiscal stimulus push.
- RSI and MACD both signal continued downside momentum.
Key Levels
Support: 154.616 │ Resistance: 158.232
Investor Takeaway
Structural yen weakness persists despite near-term volatility; fiscal expansion complicates BoJ tightening.
