USDJPY Outlook

USD/JPY's up trend resumed by breaking through 162.83. Intraday bias is now on the upside for 100% projection of 152.25 to 160.71 from 155.01 at 163.47. Firm break there will target 138.2% projection at 166.07 next. On the downside, below 162.18 minor support will turn bias neutral and bring consolidations. But outlook will stay bullish as long as 160.46 support holds, in case of retreat.

In the bigger picture, rise from 139.87 (2025 low) is seen as another rising leg of the long term up trend. Next target is 61.8% projection of 139.87 to 159.44 from 152.25 at 164.34. Firm break break there will target 100% projection at 171.82. For now, outlook will remain bullish as long as 155.01 support holds, even in case of deep pullback.

USD/JPY is still staying below 162.83 despite today's rally. Intraday bias remains neutral. Consolidations from 162.83 could extend with another fall. But in that case, but downside should be contained by 38.2% retracement of 155.01 to 162.83 at 159.84. On the upside, firm break of 162.83 will extend the larger up trend to 164.34 projection level.

In the bigger picture, rise from 139.87 (2025 low) is seen as another rising leg of the long term up trend. Next target is 61.8% projection of 139.87 to 159.44 from 152.25 at 164.34. For now, outlook will remain bullish as long as 155.01 support holds, even in case of deep pullback.

USD/JPY is staying in range trading below 162.83 and intraday bias remains neutral. Another fall cannot be ruled out as the consolidations extends, but downside should be contained by 38.2% retracement of 155.01 to 162.83 at 159.84. On the upside, firm break of 162.83 will extend the larger up trend to 164.34 projection level.

In the bigger picture, rise from 139.87 (2025 low) is seen as another rising leg of the long term up trend. Next target is 61.8% projection of 139.87 to 159.44 from 152.25 at 164.34. For now, outlook will remain bullish as long as 155.01 support holds, even in case of deep pullback.