Technical outlook for USD/JPY: The pair faces downward pressure, trading below the 100-day MA near 152.800. Yen strength is driven by post-election fiscal clarity and aggressive short-covering. The US dollar's mixed performance and upcoming US CPI release are key catalysts. Technical analysis suggests bearish momentum remains in play (RSI below 50). Key support is 151.53, with immediate resistance at 153.91.
11-02-2026 15:54 GMT
by Zain Vawda