USD/JPY Breaks Resistance: What’s Next for This Key Currency Pair?
USD/JPY broke above the resistance level of 147.60, signaling a potential for further upward movement. The intraday analysis reveals supportive structures around the 147.20 to 147.50 range. Resistance can be seen at approximately 148.50, which presents a target for traders observing this currency pair. Staying updated on market developments is crucial for those engaged in USD/JPY trading. The implications of this break may lead to strategic shifts in trading approaches in the days to come.