USD/JPY Weekly Technical Breakdown: Bulls Maintain Momentum Amid Diverging Monetary Policies
USD/JPY keeps climbing within its medium-term uptrend, closing near 156.80 last week. Key supports hold at 153.50 (38.2% Fib) and 152.25 (50% Fib), while resistance at 158.00 remains tough to break. Momentum indicators signal bullish strength but caution short-term pullbacks. Watch 160.00 as the next upside target amid divergent Fed-BoJ policies. #Forex #USDJPY #TechnicalAnalysis
