Signal USDJPY Buy — D1 - June 23, 2026 23:46 GMT-4
On the D1 timeframe for USD/JPY, the price has been consolidating within a range of approximately 159.00 to 161.80 since late April 2026, with recent candles showing higher closing prices and increased volume. The latest candle closed at 161.388, just below the prior high of 161.809, but with strong bullish momentum evident in the close above the 160.50 level. The consolidation phase suggests potential for a breakout, and the current close near the upper end of the range indicates buyers are reasserting control. Volume remains elevated, supporting the strength of the bullish move. The pair has been trading in a…