“USD/JPY Breaks Free from Bearish Channel: Technical Signals Hint at a Bullish Shift”
USD/JPY has decisively broken out of its bearish corrective channel, signaling a bullish shift. Supported by Federal Reserve hawkishness and Bank of Japan’s dovish stance, technical indicators and momentum suggest potential gains toward 149–150. Traders should watch key support at 146.60 and resistance near 148.90 for confirmation of trend continuation. #Forex #USDJPY #TechnicalAnalysis
