USD/JPY Outlook: Bullish Signals Hold as Range-Bound Trading Continues
USD/JPY trades sideways near 157.50, consolidating below yearly highs. Technicals favor bulls with strong support at 156.71 and resistance near 157.70. Fed’s hawkish stance vs. BOJ’s dovish policy keeps USD supported. Eyes on breakout toward 160.00. #Forex #USDJPY Credit: ActionForex.com