USD/JPY AI Live Scan, daily chart, Tuesday, 28 July 2026
Every read JAFX AI made on the USD/JPY daily chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:02 UTC
Uptrend, extended near highs · RSI 68 · price 163.799
Chain of higher highs and higher lows since April low.
Multi-month uptrend, price holding above a rising EMA(50) on D1 since the April rebound off the 155.0 swing low. USDJPY has pressed to fresh multi-decade highs near 164 and is now consolidating in the 163.3–164.0 zone just short of the 165 intervention area. RSI near 68 shows momentum firm but approaching stretched territory as the pair grinds higher.
Support: 162.80
Resistance: 164.00
What it said to watch
FOMC decision Wed 18:00 UTC — a hawkish surprise could extend above 164
BoJ decision Fri 03:00 UTC and MoF intervention data — key risk near the 165 zone
Daily close back below 162.80 would break the recent higher-low structure
165 area is the intervention trigger zone to watch for rejection
USDJPY has trended higher for roughly two months, printing a clean HH/HL chain off the April 155 low and holding above a rising EMA(50) throughout. Price is pressing fresh 40-year highs near 163.99 with RSI above 70 — genuinely overbought on this timeframe — as the yen stays pinned by carry despite firmer National CPI. The pair is grinding into the 165 area that the digest flags as an intervention trigger zone.
Support: 162.80
Resistance: 163.99
What it said to watch
FOMC Wed and BoJ Fri could materially shift this read
A break above 163.99 opens the path toward the 165 psych/1986 area
Daily close below 162.80 swing low would break the uptrend structure