USDJPY is gearing up to challenge a major resistance zone – Analysis – 07-01-2026.

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USDJPY advanced in its most recent intraday session, positioning itself to challenge the strong resistance at 156.95. The pair continues to draw support from trading above the EMA50, reflecting the dominance of the primary short-term bullish trend. Its movement along a minor ascending trendline further reinforces this outlook, while positive signals from the relative strength indicators increase the likelihood of further gains in the near term.

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