USD/JPY Breakout Beckons: Surge Towards Multi-Decade Highs as Technical and Macro Factors Align
The USD/JPY is at a critical resistance zone around 157-158, signaling a potential breakout fueled by diverging US and BOJ policies. Technical indicators point to bullish momentum, with historic highs near 160 and beyond coming into focus. Key support to watch as the market navigates this pivotal moment. Analysis by Trevor Tan, Business Times.
