USDJPY – Bulls Hold Grip and Eye Key Barriers at 160 Zone.USDJPY keeps firm tone and heads towards Monday's peak (158.89) after broader uptrend (from 152.26, Feb 12 low) was briefly interrupted by shallow pullback (158.89/157.27 on Mon-Tue) when rally was capped by upper 20-d Bollinger band and subsequent dip contained by rising 20DMA (near-term price action continues to channel higher between these two indicators).
USD/JPY –11.03.2026. USDJPY hit the second target at 157.60. As we see over the chart, the market facing a grey zone at 158.00-159.45 which is considered as a resistance zone, which could maintain the risk for another drop wave towards 155.30-50 and 152.00-50.
BoJ to raise rates by end-June with expectations unchanged by Middle East war — Reuters poll.BoJ to raise rates by end-June with expectations unchanged by Middle East war — Reuters poll