USD/JPY could meet the immediate barrier around March’s high of 151.97 and the psychological level of 152.00. The lagging indicators suggest a confirmation of the bullish trend for the pair. The pair could test the support region around the major level of 151.50 and the nine-day EMA at 151.39. The pair may encounter immediate resistance around the recent high of 151.95 marked on Wednesday, which aligns with March’s high of 151.97 and the psychological level of 152.00.
On the downside, the USD/JPY could find immediate support at the significant level of 151.50, followed by the nine-day Exponential Moving Average at 151.39. A breach below the latter level might exert downward pressure on the USD/JPY pair, potentially leading to a test of the psychological mark of 151.00 before reaching the Fibonacci 23.6% retracement level of 150.67. USD/JPY: Daily Chart USD/JPY Overview Today last price 151.71 Today Daily Change 0.01 Today Daily Change % 0.