USD/JPY Spotlights: Navigating Consolidation and Breakout Risks in a Complex Currency Landscape
USD/JPY shows mixed signals with a minor consolidation near multi-week highs. Key supports at 154.53 & 153.59 hold, while resistance at 157.70 is critical for a bullish breakout targeting 160.00+. Moving averages & Ichimoku cloud support underlying bullish momentum. Full analysis credit to Action Forex analysts. Read more: https://www.actionforex.com/technical-outlook/usdjpy-outlook/618684-usd-jpy-daily-outlook-2267/
