19:01 UTC
Uptrend, pressing range top · RSI 64 · price 160.294
Rounded-bottom recovery at multi-quarter highs.
USDJPY has traced a rounded-bottom recovery off the April 2025 low near 140, climbing back to multi-quarter highs with price holding above a rising W1 EMA(50) — macro structure favours the upside extension driven by the wide US-Japan rate gap. Price is now welded to the 160.00 intervention line, with the window high at 160.72 capping the advance. RSI sits mid-60s, firm but short of weekly overbought.
Support: 160.00, 157.07
Resistance: 160.72
What it said to watch
- Weekly close above 160.72 window high extends the recovery; MoF intervention near 160.00 is the standing risk to the upside
- BoJ decision Jun 16 and US CPI Jun 10 could materially reshape this regime
- Failure to hold 160.00 puts the 157.07 swing low back in focus