The USDJPY is pushing higher today, supported by rising U.S. yields and a broader move higher in equities. The 10-year Treasury yield is up 6.2 basis points to 4.339%, providing a tailwind for the pair.
From a technical perspective, the price has now moved above its 200-bar moving average on the 4-hour chart, which comes in at 145.159—a bullish development. The next key upside target is the high from last week at 145.919, a level that previously stalled gains when the pair was testing that same 200-bar MA. Now that the moving average has drifted lower, that resistance stands as a more manageable hurdle—but still a significant one for bulls to clear.
A break above 145.919 would strengthen the bullish bias and expose the March low at 146.534, followed by the 38.2% retracement of the January–April decline at 147.138.
Buyers are making a play. The question now is whether they can sustain momentum and push beyond the key resistance zone. Close risk is now the broken 200 bar moving average at 145.159.
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about usdjpy extends above 200 bar ma on the 4 hour chart was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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