The USDJPY is breaking higher, trading at its highest level since February 2025. The pair cleared last week’s high at 155.04, with the current price holding near 155.25, reinforcing the bullish momentum. Earlier in the session, buyers leaned on the rising 100-hour moving average, which helped define the low and gave the market a green light to push upward. A key swing area between 154.43 and 154.47 also provided strong support, acting as a springboard for the move to new highs.
The video above walks through the key technical levels now in focus, the risks to the bullish bias, and the targets to watch following the breakout.
This article was written by Greg Michalowski at investinglive.com.