Traders are wary of the psychologically critical 160.00 line, where previous intervention by Japanese authorities has triggered sharp pullbacks.
USD/JPY Forecast, News and Analysis (US Dollar ... - FXStreet usd jpy forecast today buy or sell
If the BoJ adopts a more aggressive or hawkish tone today, it could reinforce short-term downside pressure. Traders are wary of the psychologically critical 160
Some algorithmic forecasts predict a continued climb through 2026, reaching as high as 170.00 by year-end. Sell Arguments (Bearish Outlook): usd jpy forecast today buy or sell