USD/JPY Intraday Signal: Bullish Momentum Holds Above 152.65
The USD/JPY pair continues to trade with a strong bullish bias, maintaining its upward structure above the pivot level at 152.65. Buyers remain in control as the pair consolidates near multi-week highs, suggesting that the market is preparing for another leg higher toward 153.50 and 153.80.
The RSI remains comfortably above the 50-level, confirming bullish momentum without yet showing signs of exhaustion. Meanwhile, the price action is well-supported by the 20- and 50-period moving averages, both sloping upward — a clear indication of trend strength.
As long as 152.65 holds as support, the bias remains upward, with potential to retest the 154.00 area in the short term. However, a decisive break below 152.65 could trigger a brief correction toward 152.30 and 152.00, offering fresh buying opportunities on dips. Traders should look for continuation signals like higher lows or bullish engulfing candles to confirm momentum before new entries.
Enter: Long above 152.65
Stop-Loss (SL): 152.30
Target A: 153.50
Target B: 153.80
