USDJPY runs to a brand new excessive with the worth extending above the following goal

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The USDJPY continues to push increased, with the worth reaching an intraday excessive of 150.79. This newest leg to the upside has cleared the April three swing excessive at 150.48, reinforcing bullish momentum. The subsequent key goal zone is available in between 151.198 and 151.33, adopted by the 61.eight% retracement of the 2025 decline at 151.616.

Earlier within the day, patrons drove the pair decisively above the 200-day shifting common at 149.53 and the 50% midpoint of the 2025 buying and selling vary at 149.375—each of which now function vital assist zones. With the worth comfortably above these ranges and momentum constructing, patrons stay firmly in command of the directional bias

This text was written by Emma Wang at investinglive.com.

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