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USD/JPY –27.08.2026

  

USD/JPY –27.08.2026

The Yen gave back some of its recent advance that was triggered by US and Japanese intervention.
USDJPY managed to print above the 158.05 resistance which indicates a wider range for rebound towards the 160.85 resistance.
Starting from resistance 160.85, the drop scenario could return.
When the Bank of Japan began the Intervention, the peak was around 163.97 which could sustain as resistance.
If the Yen retreats again, traders could expect another Intervention.

SUPPORT RESISTANCE
LEVEL1 158.20 159.50
LEVEL2 156.70 160.85
LEVEL3 155.20 163.85

 

The post USD/JPY –27.08.2026 appeared first on Orbex Forex Trading Blog.

   

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