“USDJPY tests the expected target level – Analysis for 10-12-2025”

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The USDJPY pair pulled back in its latest intraday trading as the resistance level at 156.75—our previously expected target—held firm. This decline reflects the pair’s attempt to absorb recent gains and rebuild bullish momentum that could support a potential breakout above this resistance. The retreat also helped ease the overbought conditions reflected in relative strength indicators, especially after negative overlapping signals appeared.

Despite the drop, the pair continues to receive dynamic support from trading above the EMA50, while the main bullish trend remains dominant following its exit from the earlier bearish corrective channel.

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