Signal USDJPY Buy — D1 - June 29, 2026 22:01 GMT-4
The USD/JPY D1 chart shows a strong bullish trend with consistent higher highs and higher lows since mid-April. Recent candles have closed above key prior resistance levels, including the 161.388 high, indicating sustained buying pressure. The 160.398 SL aligns with the recent consolidation low, providing a clear risk-reward boundary. Volume has remained elevated during the uptrend, confirming institutional participation and validating the bullish momentum. The current close near 161.727 suggests the pair is approaching the 161.809 resistance, which could act as a psychological barrier. If price breaks above this, it may target the 166.955 TP, reflecting the broader bullish structure.…