USD/JPY remains range-bound amid apparent BoJ intervention and liquidity management. While Japan’s potential monetization of USD reserves may provide temporary stabilization, the broader growth and yield differential continues to favor USD resilience. Political pressure from the US for a weaker dollar remains a secondary theme.
Key Levels: Support at 154.616 | Resistance at 158.232
Investor Takeaway: RSI remains below its MA and trending lower, with MACD flat. The pair remains structurally supported but tactically capped.
