Although USD/JPY has the potential to correct to its Pivot Point level, it still has the potential to strengthen again on

Although USD/JPY has the potential to correct to its Pivot Point level, it still has the potential to strengthen again on

Back Technical analysis

Back Technical analysis

Although USD/JPY has the potential to correct to its Pivot Point level, it still has the potential to strengthen again on Wednesday, July 16, 2025.

USD/JPY – Wednesday, July 17, 2025.Although

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16.07.2025 07:53 AM

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USD/JPY – Wednesday, July 17, 2025.Although there is a divergence between the RSI(14) indicator and the USD/JPY price movement, with the 50 EMA still forming a Golden Cross above the 200 EMA and the RSI in a Bullish Neutral condition, USD/JPY has the potential to continue strengthening.Key Levels1. Resistance 2: 149.95.2. Resistance 1: 149.41.3. Pivot: 148.48.4. Support 1: 147.94.5. Support 2: 147.01.Tactical ScenarioPositive Reaction Zone: If USD/JPY successfully breaks through and closes above 149.41, it has the potential to continue

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